Global bond markets have a direct impact on the "gold price forecast 1 year"; declining 10-year yields typically boost gold’s attractiveness relative to fixed-income assets. Public companies currently own 9.4% of Western Copper and Gold stock. We can't be certain but it is quite possible this is a strategic stake. The businesses may be similar, or work together. Goldman Sachs Research sees a greater risk that the gold price will exceed its forecast rather than undershoot. That said, the increase in long gold positions, a bet that prices will rise, “raises the risk of tactical pullbacks” as speculators’ net bets on gold tend to revert to the mean over time, Thomas writes. Futures market positioning suggests the "gold price forecast 1 year" may remain volatile, swinging between $2,200 and $2,380 on Fed commentary and labor market surprises.
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