Gold Price 2019: 5 Analyst Outlooks
"Precious metals prices are likely to rise next year," says Commerzbank, "chiefly on the back of a weaker US Dollar as the Fed rate-hike cycle comes to an end.""But buoyant US economic activity and the US Fed's ongoing rate-hike cycle," says Macquarie, "are dominant supports of the US Dollar" and therefore of Dollar-denominated assets, led by US stocks and shares.
An "extension in 2019 of US growth outperformance, with increased productivity growth...as the [Fed] hiking cycle continues" would see gold prices fall it says.