With inflation rising investors are wondering what will happen with the price of gold for 2023.

DALLAS , TX, UNITED STATES, May 3, 2023/EINPresswire.com/ -- With inflation rising investors are wondering what will happen with the price of gold for 2023. This comprehensive list includes forecasts from industry experts, analysts, and economists, providing investors with a broad range of perspectives on the gold market for the upcoming year and beyond.

CGE has compiled an extensive list of 53 different firms' 2023 gold pricing projections and has created a webpage that gives interested parties easy access.

Below is a sampling of golds pricing forecast for 2023

Morgan Stanley - $2,200
Swiss Asia Capital - $4,000
Wells Fargo - $3,000
First Majestic Silver - $3,000
CGE - $2,475
Goldman Sachs - $2,500
ING - $1,800

To view all 52 gold predictions visit the Certified Gold Exchange forecast here.

Please note: Analyst pricing forecasts are just speculation and should never be considered as investment advice. Additionally, market conditions can change drastically through the year so these projections might not be the most up-to-date data.

David Michael White of the Certified Gold Exchanges says, “Much of the 2023 gold price movement will be determined by the Fed's decision on raising interest rates. And if so will we see a ¼ point move or a ½ point at the start of May.” David adds, “ Since March of 2022 we have seen nine occasions that the Fed has hiked the rates so most believe this trend will continue.

David also speculates further by saying “If the 2023 May meeting holds rates steady it could be because the US banking system is not completely stable after the downfall of Silicon Valley Bank”. He continues, “The Fed has admitted they dropped the ball with SVB and this could become a factor in their rate hike decision.

The Certified Gold Exchange is a large-volume discounter of gold and silver. They supply banks, dealers, and personal investors with discounts on popular bullion bars and coins. CGE also supplies household retirement investors metals suitable for an IRA or 401k.

They have released an annual gold price forecast from 1995 through 2023. To contact CGE today call 800-300-0715 or visit https://certifiedgoldexchange.com/

John Halloran
Certified Gold Exchange, Inc
+1 214-736-8358
email us here
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