The survey contributors foresee modest increase of 1.1% in the gold price and a more bullish outcome for the white metals with price increases of 5.4% for both silver and platinum and a more significant increase of 12.7% for palladium prices.
This year LBMA analysts are more bullish about the prospects of precious metal prices than they were in last year’s survey. Whilst analysts are bullish this is only expected to be a partial recovery with prices of all four metals forecast to be some way below last year’s highs. ~ Neal Bhai Reports