I posted earlier on Capital Economics and their Australian dollar view, link here:
They have a gold and silver forecast also:
- "We remain bullish on the prospects for gold and silver prices and have revised up our end-2019 forecasts to $1,350 per ounce and $17.50 respectively, as we expect both metals to attract investors seeking safe havens."
CE expects growth to slow globally:
- from 3.6% to 3.0% this year and to a decade low of 2.8% in 2020
And:
- global equities also projected to fall this year, which will limit investors' appetite for risky assets
So for gold and silver:
- "Investor inflows look set to continue given our expectation of further falls in global equity markets and slower economic growth,"
CE comments via Kitco, more here