Gold Prices Set to Soar over Next 12 Months, Forecasts Bank of America

Gold Silver Reports (GSR)  – Bullion could average $1,350 an ounce in 2019 as corporate tax reforms worsen the U.S. fiscal balance, Francisco Blanch, head of global commodities and derivatives research, said in a phone interview last week. Spot gold traded at $1,196.23 on Monday and has averaged about $1,285 this year.