What's the furthest drop in price for gold in the next 10 years?

Klewtar

Well-Known Member
#1
Gold dropped below 1,300 USD/ounce today according to:
http://www.kitco.com/charts/livegold.html

I have 2 numbers for gold to drop to within the next decade:
750 USD/ounce
250 USD/ounce

750 USD/ounce is most likely unless the US completely brings peace to Afghanistan, Iran/Iraq and N. Korea
 
Last edited:

Gandhar.

Well-Known Member
#2
Gold dropped below 1,300 USD/ounce today according to:
http://www.kitco.com/charts/livegold.html

I have 2 numbers for gold to drop to within the next decade:
750 USD/ounce
250 USD/ounce

750 USD/ounce is most likely unless the US completely brings peace to Afghanistan, Iran/Iraq and N. Korea
my guess would be close to 1000 usd/ounce and 600 usd/ounce both are round figures
i dont expect it to go below 600 usd/ounce
 

Klewtar

Well-Known Member
#4
We are not going to buy in USD. so can you say about the prediction of USDINR and our indian value after ten years?
Indian rupee has been depreciating against the USD. That's not going to stop unless more people from the USA want to move to India than people from India want to go to the USA.
 

Gandhar.

Well-Known Member
#5
We are not going to buy in USD. so can you say about the prediction of USDINR and our indian value after ten years?
usdinr is a much volatile pair than other as it is EM currency and give wild swings either way cant really predict the movement but in decades time it is bound to stay in 70-50 range unless some thing dramatically changes
these are my personal views not analysed with charts :D
 

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