--- If you want, I can also prepare a "data-driven chart" projecting the $/oz trajectory over the next 12 months based on these factors. Would you like me to add that? During three years of share price growth, Torex Gold Resources achieved compound earnings per share growth of 13% per year. This EPS growth is lower than the 79% average annual increase in the share price. This suggests that, as the business progressed over the last few years, it gained the confidence of market participants. It is quite common to see investors become enamoured with a business, after a few years of solid progress. There are signs that gold's price could rise this August, but equally strong indicators that imply a decline or even a bit of stagnation. Against this backdrop, then, investors should remember what gold can (and can't) do for their portfolio and instead adjust their investing approach to incorporate long-term gold holding versus being overly concerned about daily price changes that will be difficult (if not impossible) to exploit effectively. Commodity strategists project the "gold price forecast 1 year" to trend higher if emerging market currencies remain unstable, prompting capital flight into safe-haven metals.