Gold price forecast 10 years currency trends
Currency trends, especially USD weakness, historically magnify the positive momentum in the gold price forecast 10 years outlook. The soft ADP jobs report "is also not going to help the dollar. Yet another reason, slowing economy, meaning lower rates, all these things are bullish for the gold." While investment demand is higher for gold, silver has seen increasing time in the limelight in recent years, including a 2021 silver squeeze that saw new entrants to the market join in. Long-dated options pricing reflects a skew consistent with the bullish scenarios in the gold price forecast 10 years, supporting trader positioning for upside exposure.
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