• Live SPOT Gold SPOT GOLD
    2400.78 $
    -0.02% (-0.52)
    High:2401.30 | Low:2400.73
  • Gold Price per Gram PER GRAM
    77.1955 $
    -0.02
    High:77.2122 | Low:77.1939
  • Gold Tola Price PER TOLA
    900.393 $
    -0.20
    High:900.588 | Low:900.374
  • EURO/DOLLAR
    1.0885 $
    0.02%
    High:1.0884 | Low:1.0883
  • Spot Silver Price SPOT SILVER
    29.221 $
    -0.02% (0.00)
    High:29.229 | Low:29.227
What will happen the Gold Prices in 2015

Deutsche Bank expects the tightening of US monetary policy to be the main driver of gold prices next year, it said.

Although the world’s leading central banks are set to act in opposing ways in 2015, the Federal Reserve, which is expected to raise interest rates after bringing its third quantitative easing programme to an end, will ultimately pressure prices lower, the bank said in a report on Tuesday.

“While some may consider the expansion in central bank balance sheets most notably in Europe and China as beneficial to the gold price, we expect US financial markets will be the ultimate driver of where gold prices are heading next year,” the bank said.

gold price 2014 to 2015 In a statement due after a two-day meeting that starts later today, the Fed is expected to shed light on future monetary policy – the phrase “considerable time” could be removed from its statement, suggesting the Fed is confident the US economic recovery is strong enough to warrant a raising of rates from their current level near zero.

“We are maintaining our bearish outlook for gold prices heading into next year. This reflects ongoing adjustments in US interest rates, equity and currency markets all of which we expect to be negative for gold,” it said.

The yellow metal will average $1,169 per ounce in 2015, it said, up 0.5 percent on its previous forecast but below its average forecast in 2014 of $1,265.

Spot gold was last at a little changed $1,197.20/1,198 per ounce, reversing strongly lower after previously recovering back towards $1,120 early this afternoon.

On the upside, with Chinese, Japanese and European economies struggling, further signs of weakness and stimulus measures may increase safe-haven buying, the bank suggested.

“More convincing could be the prospect that additional programmes of quantitative easing by other global central banks such as the ECB, BoJ and the PBoC might throw a life-line to the gold price. However, we find only a loose correlation of central bank balance sheet growth and gold price trends,” it said.

Central bank buying will remain prominent in 2015, it added. This year has seen sizable purchases from central bank such as Russia, with the country alone buying up 74 tonnes from July through to September, the World Gold Council said.

“We expect the trend of global central bank gold buying will continue albeit at a slower clip than recent years,” Deutsche Bank said.

Gold Goes Negative For The Year On Better-Than-Expected Jobs Report -FORBES-
Good news for the economy is bad news for safe-haven trades, and none more so than gold: The Bureau of Labor Statistics released a stronger-than-expected jobs report Friday morning, revealing that U.S. non-farm payrolls added 248,000 jobs last month and sending the unemployment rate below 6% for the first time since 2008. And while the equity markets cheered the news, gold futures and spot-gold prices have gone negative for the year and tumbled below $1,200 an ounce.

Gold futures (for December delivery) opened for Friday trading at $1,213.20 an ounce and had been trading in the red throughout the early morning, but the BLS’s proclamation that the economy added more jobs than expected led the precious metal to fall even deeper into negative territory. Gold futures are currently trading for $1,193.00 an ounce and spot gold is trading around $1,191.50, giving them daily losses of 1.8% and 1.86%, respectively. In crossing below the $1,200 mark, gold has gone negative for the year.

Gold opened 2014 trading at $1,207.80 an ounce, and as it approached the $1,400 mark in March it appeared to have reversed the dismal 2013 performance that saw the metal lose 28% of its value and post its first yearly loss since the year 2000. However, the release of relatively strong economic data has sent bullion lower and lower ever since, and prices nearing $1,400 an ounce now feel like a distant memory — and, according to some analysts, a price that won’t be seen for another four years.

“We are lowering our near-term gold and silver price forecasts, due to a combination of US dollar strength, relatively soft physical demand and strength in the broader equity markets. We now assume a broad $1,150 to $1,350 trading range for the next 3 years and maintain our $1,400 long-term gold price forecast,” wrote RBC analyst Stephen Walker in a research note Friday morning. Walker has a $1,285 price target for gold in 2014, $1,300 for 2015 and 2016, $1,350 in 2017 and says it won’t hit $1,400 until 2018.

Market observers widely expect the Federal Reserve to raise interest rates in the first half of 2015 — a move that would strengthen the dollar and potentially cause additional weakness in gold — but Walker also said Friday that he thinks gold’s current levels could be pricing in an end to the the Fed’s quantitative easing program as well as a mid-2015 rate hike.

“We do not expect a further significant breakdown in the gold price,” Walker wrote. “While Asian, and specifically Chinese demand is likely to be well down on the record levels of physical demand seen in 2013, we believe price sensitive buyers should appear to remain supportive at the $1,200 per ounce level and investment and jewelry demand should still be higher than in 2012, albeit lower than 2013.”

For traders looking at gold miners, however, it’s the current spot-gold price that matters, and since that price has dropped to $1,191.50, shares of some of the world’s largest gold producers have dropped into negative territory as well. Newmont Mining NEM +4.81% is down 1.83% in early Friday trading while Goldcorp is down 3.73% and Barrick Gold is down a whopping 4.08%. Shares of the bullion-backed ETF SPDR Gold Shares, meanwhile, is down 1.76%.

While gold and gold producers languish in negative territory Friday, the equity markets are celebrating the jobs report: the Dow opened up triple digits and is currently enjoying a 117-point (0.7%) gain, while the S&P 500 is up 0.8% and the Nasdaq is up 0.94%. The U.S. dollar spot index is up 1.2%, and these gains have translated into losses for the Euro: as of mid-morning trading on Friday, the Euro/USD index has fallen 1.29% to $1.25.

Country & Currency Search:
Gold Price in the World
USA » USA Gold Price - United States Dollar (USD)
Dubai » Dubai Gold Price - UAE Dirham (AED)
Saudi Arabia » Saudi Arabia Gold Price - Saudi Riyal (SAR)
Singapore » Singapore Gold Price - Singapore Dollar (SGD)
Canada » Canada Gold Price - Canadian Dollar (CAD)
Australia » Australia Gold Price - Australian Dollar (AUD)
Qatar » Qatar Gold Price - Qatari Riyal (QAR)
UK » UK Gold Price - British Pound (GBP)
UAE » UAE Gold Price - UAE Dirham (AED)
Kuwait » Kuwait Gold Price - Kuwaiti Dinar (KWD)
Euro » Euro Gold Price - Euro (EUR)
Pakistan » Pakistan Gold Price - Pakistani Rupee (PKR)
India » India Gold Price - Indian Rupee (INR)
Malaysia » Malaysia Gold Price - Malaysian Ringgit (MYR)
Philippines » Philippines Gold Price - Philippine Peso (PHP)
South Africa » South Africa Gold Price - South African Rand (ZAR)
Turkey » Turkey Gold Price - Turkish Lira (TL)
Thailand » Thailand Gold Price - Thai Baht (THB)
Bangladesh » Bangladesh Gold Price - Bangladeshi Taka (BDT)
Germany » Germany Gold Price - Euro (EUR)
Nepal » Nepal Gold Price - Nepalese Rupee (NPR)
Bahrain » Bahrain Gold Price - Bahraini Dinar (BHD)
Abu Dhabi » Abu Dhabi Gold Price - UAE Dirham (AED)
Indonesia » Indonesia Gold Price - Indonesian Rupiah (IDR)
Sri Lanka » Sri Lanka Gold Price - Sri Lankan Rupee (LKR)
Egypt » Egypt Gold Price - Egyptian Pound (EGP)
Oman » Oman Gold Price - Omani Rial (OMR)
Cambodia » Cambodia Gold Price - Cambodian Riel (KHR)
US » US Gold Price - United States Dollar (USD)
Ghana » Ghana Gold Price - Ghana Cedi (GHS)
Russia » Russia Gold Price - Russian Ruble (RUB)
Jordan » Jordan Gold Price - Jordanian Dinar (JOD)
Morocco » Morocco Gold Price - Moroccan Dirham (MAD)
Italy » Italy Gold Price - Euro (EUR)
Lebanon » Lebanon Gold Price - Lebanese Pound (LBP)
Tanzania » Tanzania Gold Price - Tanzanian Shilling (TZS)
United Kingdom » United Kingdom Gold Price - British Pound (GBP)
Burma » Burma Gold Price - Burmese Kyat (MMK)
Papua New Guinea » Papua New Guinea Gold Price - Papua New Guinean Kina (PGK)
South Korea » South Korea Gold Price - South Korean Won (KRW)
Malta » Malta Gold Price - Euro (EUR)
Kenya » Kenya Gold Price - Kenyan Shilling (KES)
France » France Gold Price - Euro (EUR)
Hong Kong » Hong Kong Gold Price - Hong Kong Dollar (HKD)
China » China Gold Price - Renminbi - Chinese Yuan (CNY)
Netherlands » Netherlands Gold Price - Euro (EUR)
Belgium » Belgium Gold Price - Euro (EUR)
Sweden » Sweden Gold Price - Swedish Krona (SEK)
Mali » Mali Gold Price - West African CFA Franc (XOF)
Switzerland » Switzerland Gold Price - Swiss Franc (CHF)
Afghanistan » Afghanistan Gold Price - Afghan Afghani (AFN)
Austria » Austria Gold Price - Euro (EUR)
Spain » Spain Gold Price - Euro (EUR)
Iran » Iran Gold Price - Iranian Rial (IRR)
Nigeria » Nigeria Gold Price - Nigerian Naira (NGN)
Greece » Greece Gold Price - Euro (EUR)
Portugal » Portugal Gold Price - Euro (EUR)
Iraq » Iraq Gold Price - Iraqi Dinar (IQD)
Cyprus » Cyprus Gold Price - Euro (EUR)
Ethiopia » Ethiopia Gold Price - Ethiopian Birr (ETB)
Ireland » Ireland Gold Price - Euro (EUR)
Finland » Finland Gold Price - Euro (EUR)
Brunei » Brunei Gold Price - Brunei Dollar (BND)
Vietnam » Vietnam Gold Price - Vietnamese đồng (VND)
Japan » Japan Gold Price - Japanese Yen (JPY)
Israel » Israel Gold Price - Israeli New Shekel (ILS)
British Pound » British Pound Gold Price - British Pound (GBP)
Bulgaria » Bulgaria Gold Price - Bulgarian Lev (BGN)
Palestine » Palestine Gold Price - Jordanian Dinar (JOD)
Armenia » Armenia Gold Price - Armenian Dram (AMD)
Macau » Macau Gold Price - (MOP)
Congo » Congo Gold Price - Central African CFA Franc (XAF)
Taiwan » Taiwan Gold Price - New Taiwan Dollar (TWD)
Kosovo » Kosovo Gold Price - Euro (EUR)
Venezuela » Venezuela Gold Price - Venezuelan Bolívar (VEF)
Luxembourg » Luxembourg Gold Price - Euro (EUR)
Zimbabwe » Zimbabwe Gold Price - Botswana Pula (BWP)
Laos » Laos Gold Price - Lao Kip (LAK)
Syria » Syria Gold Price - Syrian Pound (SYP)
Romania » Romania Gold Price - Romanian Leu (RON)
Macedonia » Macedonia Gold Price - Macedonian Denar (MKD)
Hungary » Hungary Gold Price - Hungarian Forint (HUF)
Peru » Peru Gold Price - Peruvian Sol (PEN)
Tunisia » Tunisia Gold Price - Tunisian Dinar (TND)
Albania » Albania Gold Price - Albanian Lek (ALL)
Uganda » Uganda Gold Price - Ugandan Shilling (UGX)
Sudan » Sudan Gold Price - Sudanese Pound (SDG)
Mexico » Mexico Gold Price - Mexican Peso (MXN)
New Zealand » New Zealand Gold Price - New Zealand Dollar (NZD)
Cameroon » Cameroon Gold Price - Central African CFA Franc (XAF)
Poland » Poland Gold Price - Polish Złoty (PLN)
Denmark » Denmark Gold Price - Danish Krone (DKK)
Czech Republic » Czech Republic Gold Price - Czech Koruna (CZK)
Colombia » Colombia Gold Price - Colombian Peso (COP)
Brazil » Brazil Gold Price - Brazilian Real (BRL)
Algeria » Algeria Gold Price - Algerian Dinar (DZD)
Uzbekistan » Uzbekistan Gold Price - Uzbekistani Som (UZS)
Georgia » Georgia Gold Price - Georgian Lari (GEL)
Ukraine » Ukraine Gold Price - Ukrainian Hryvnia (UAH)
Norway » Norway Gold Price - Norwegian Krone (NOK)
Madagascar » Madagascar Gold Price - Malagasy Ariary (MGA)
Somalia » Somalia Gold Price - Somali Shilling (SOS)
Panama » Panama Gold Price - Panamanian Balboa (PAB)
Yemen » Yemen Gold Price - Yemeni Rial (YER)
Serbia » Serbia Gold Price - Serbian Dinar (RSD)
Maldives » Maldives Gold Price - Maldivian Rufiyaa (MVR)
Croatia » Croatia Gold Price - Croatian Kuna (HRK)
Trinidad and Tobago » Trinidad and Tobago Gold Price - Trinidad And Tobago Dollar (TTD)
Malawi » Malawi Gold Price - Malawian Kwacha (MWK)
Chad » Chad Gold Price - Central African CFA Franc (XAF)
Iceland » Iceland Gold Price - Icelandic Króna (ISK)
Senegal » Senegal Gold Price - West African CFA Franc (XOF)
Paraguay » Paraguay Gold Price - Paraguayan Guaraní (PYG)
Guinea » Guinea Gold Price - Guinean Franc (GNF)
Dominican Republic » Dominican Republic Gold Price - Dominican Peso (DOP)
Argentina » Argentina Gold Price - Argentine Peso (ARS)
Cuba » Cuba Gold Price - Cuban Peso (CUP)
Comoros » Comoros Gold Price - Comorian Franc (KMF)
Lesotho » Lesotho Gold Price - (LSL)
Scotland » Scotland Gold Price - British Pound (GBP)
NZ » NZ Gold Price - New Zealand Dollar (NZD)
Azerbaijan » Azerbaijan Gold Price - Azerbaijani Manat (AZN)
...

Live Price of Gold provides up-to-date live gold prices in multiple currencies for all countries, available 24/7. You can easily check the current value of gold in your local currency or any other currency you choose. The website is regularly updated, ensuring that the gold prices displayed are always accurate. Whether you're an investor or simply interested in keeping up with the latest gold prices, this website is an excellent resource for staying informed about the current value of gold.
Livepriceofgold.com offers you the ability to track live changes in gold prices. With LivePriceofGold.com, you can follow the gold rate in your country and according to your country's currency. You can also stay updated on the live gold price worldwide.

Discover the latest live gold prices globally in United States dollars, Euros, Pound sterling, Australian dollars, Singapore dollars, United Arab Emirates dirhams, Saudi riyals, Qatari riyals, Kuwaiti Dinar, and Turkish lira. To do this, simply click on the search button located in the right corner of the page and enter the country name or currency name in English. This way, you will be able to stay updated on the gold price in real time no matter which country you live in or do business with. The website is user-friendly, making it easy for you to quickly find the information you are looking for.

Live Price of Gold website also offers you the ability to see gold prices in different types, including gold price per gram, ounce, tola or kilogram. Gold prices from around the world are provided in 24 carat gold, 22 carat gold, 18 carat gold, and 14 carat gold. Livepriceofgold.com provides you with all the information about current gold prices, and it's as simple as clicking a button. The spot gold prices are even given in real-time, 24 hours a day.
LivePriceofGold.com © 2013 - 2024 | Contact
L: Gold Price | Prix de l'or | Precio de oro | سعر الذهب