LBMA delegates predict gold price will rise to $1,830.50 in a year

October 18, 2022 10:52 AM EDT

FILE PHOTO: A worker places gold bullion on display at Hatton Garden Metals precious metal dealers in London, Britain July 21, 2015. REUTERS/Neil Hall

(Reuters) - Delegates from around the world meeting at the London Bullion Market Association's annual precious metals conference in Lisbon predicted that gold prices would rise to 1,830.50 an ounce in a year's time, up from around $1,650 on Tuesday.

They forecast that silver prices would rise to $28.30 in a year from around $18.70 on Tuesday, platinum would rise to $1,238.70 from around $915 and palladium would edge up to $2,058.80 from around $2,020.

(Reporting by Peter Hobson. Editing by Jane Merriman)



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