Gold Price Forecast for 2015: Positive Gold Outlook Ahead

The gold outlook for 2015 has, so far, been dull, but considering external factors, things could turn around for gold prices in 2015.
Economic Drivers Affecting Gold Price Forecast for 2015
Between 2001 and 2011, the price of gold soared more than 600% to $1,923 per ounce. Despite the poor performance of gold since then (trading near $1,200), economic and supply/demand factors suggest a bullish gold price forecast for 2015, with a turnaround for gold prices expected in the second half of the year and into 2016.
The decline in gold prices from $1,900 an ounce to the $1,200 level is a result of improving economic indicators, low interest rates, and investors turning their attention to better-performing assetsnamely the stock market. Since the beginning of 2012, the price of gold has fallen 25%. During the same timeframe, the S&P 500 has climbed 67%.
But there is a seeming disconnect between the stock market and gold prices. On one hand, the stock market is moving higher on historically high valuations. At the same time, demand for gold is increasing while supply is static; but for some reason, gold prices remain dull.
But all of that could change

Read more …