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Winners Of LBMA's 2020 Precious Metals Forecast Survey Date 11/01/2021 In mid-January 2020, analysts provided their forecasts for what they thought the average price in 2020 would be for each of the four metals (gold, silver, platinum and palladium).   Four 1 oz gold bars kindly donated by  MKS PAMP GROUP are the reward for the analyst in each of the four metal categories whose forecast is closest to the actual average price in 2020. In the event of a tie, we take into account the analysts' forecast ranges, with the one with the range closest to the actual range during 2020 taking pre...

Gold price rally of 2020 crushes analyst forecasts (Image courtesy of PAMP) Gold had a monumental 2020 as bullion soared to multiple record highs throughout the year amid the economic uncertainties brought by the covid-19 pandemic, which helped to cap off its best annual performance in a decade. During the past calendar year, gold prices traded at an average of $1,769.59/oz, well exceeding what most analysts were forecasting in mid-January. Sign Up for the Precious Metals Digest Sign Up According to the London Bullion Market Association’s (LBMA) annual precious metals forecast competition, ...