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19 Oct 2022

Gold Price Forecast: XAU/USD seen rising 10% to $1,830 in a year – Survey

A survey of the bullion industry, including the world’s top traders, refiners and miners, showed that they see gold prices rebounding firmly in 2023 notwithstanding higher interest rates.

Delegates gathered in Lisbon for the London Bullion Market Association’s (LBMA) annual conference.

Key findings

"Expect gold prices to rise to $1,830.50 an ounce by this time next year, about 10% above current levels." 

"Silver prices were predicted to boom 50% over the same period."

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