We are revising up our end-2018 forecasts for gold and silver prices to reflect the fact that we no longer expect the US dollar to strengthen this year. Nonetheless, we are not inclined to do a U-turn and suddenly become bullish on prices. Indeed, we still think that the balance of risks lies to the downside.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services