PWC 2014 Gold, Silver and Copper Report is Out

[Richardski]

The PWC Gold, Silver and Copper Report has been produced and makes for interesting reading.

 

The link is:    http://www.pwc.com/ca/en/mining/publications/pwc-global-gold-price-survey-results-2013-12-en.pdf

 

 

Broadly speaking 47% of participants think Gold prices will rise in 2014, 46% believe they will remain unchanged and 7% forecast a decrease.

 

Average gold prices are predicted at around $1309 (ranging from $1,000 - $1600) rising to $1378 by 2016 

 

 

53% of participants believe silver prices will rise in 2014, 38% believe they will remain unchanged and 9% forecast a fall.

 

Average 2014 silver price is predicted at $22 (ranging from $15 - $28) and average price for 2015 equates to $23

 

 

It has to be borne in mind that these figures can be hugely affected by any 'black swan' events that may or may not occur.