Now for some Top Financial Firms Gold Price Predictions for 2010:
Near term outlook is $1,300 per ounce - Canaccord Adams
A range from $850 to $1,400 per ounce - The Bank of Nova Scotia
A jump in the Spot Price of the commodity to $1500 - The Inflection Point
The price of gold is set to rally to $2,000 per ounce next year as an improvement in the economic outlook causes fear of inflation and currency debasement, Philip Manduca, ECU Group
Our silver prices forecast for 2010 and 2011 is such that silver will exceed its non inflation adjusted high of $48.70 per ounce and its price can reach $55 to $65 range in the coming years. – Bad Credit Advisor
Gold will finish at $1450 (or higher) on December 31, 2010. Silver (a.k.a The DOG) will finish at $23 (or higher) on December 31, 2010 – OutlawJoseyWalesJr
While some are claiming gold has peaked, I believe gold is nowhere near a top and will reach a new nominal high between $1,300-$1,500 during 2010. Silver will outperform gold reaching $24 or higher as the gold/silver ratio dips towards 55. - Jason Hamlin, GoldStockBull.com
I would not go short gold, but I would go long the dollar. - Vincent Farrell, Jr. Soleil Securities Group
Gold prices will fall in 2010 - Rick Aristotle Munarriz
Gold will hit 1375. Silver will break 30. Dollar will regain some strength(may hit 85 or 90) and drop off dramatically to new lows. - silvertooth
Gold to $1,400-$1,500 for sure, possibly to $2,000 followed by a correction back down to the $1,400-$1,500 level. - Dave Skarica
Gold to $850 by August-September. He said, "I could be wrong". - Frank Barbera
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