Table of Content
1. OVERVIEW
1.1. Catalyst
1.2. Summary
2. GOLD FUTURES, CONSUMER DEMAND AND THE IMPACT ON THE PRICE OF GOLD
2.1. Gold futures and tangible gold in the form of investments
2.2. Multiple driving forces of gold prices
3. GOLD PRICE MOVEMENT DURING COVID-19 OUTBREAK
3.1. How gold has fluctuated during the COVID-19 outbreak
3.2. Gold sell-off due to COVID-19 outbreak
4. CONSUMER CONFIDENCE, BUSINESS CONFIDENCE AND DEMAND FOR GOLD WILL BOOST GOLD PRICES
4.1. OLS regression has become industry standard method for forecasting
4.1.1. The OLS regression coefficients indicate that volatility in the gold market should be expected in the future
4.1.2. Future gold prices are expected to reach great highs and lows based on the OLS standard error values
4.1.3. Consumer confidence, business confidence and demand for gold are expected affect to gold prices to a great extent
4.2. Gold prices are expected to rise making investing in gold now very profitable
5. APPENDIX
5.1. Sources
5.2. Further reading
6. ASK THE ANALYST
7. ABOUT MARKETLINE
List of Figures
Figure 1: Gold futures (GC) in US $, 2007-2011
Figure 2: Gold futures (GC) in US $, 2011-2020
Figure 3: Gold futures (GC) in US $, Dec-March 2020
Figure 4: Gold futures (GC) in US $, March 2020
List of Tables
Table 1: OLS regression significant values