LBMA Gold Price Forecast: Stuck Between the Fed and Inflation
![Chart of gold's annual average Dollar price per ounce plus 2022 LBMA Forecast survey's highest, average and lowest prediction. Source: BullionVault Chart of gold's annual average Dollar price per ounce plus 2022 LBMA Forecast survey's highest, average and lowest prediction. Source: BullionVault](https://www.bullionvault.com/gold-news/sites/default/files/lbma-outcome-2005-2021-22-forecast.png)
![Chart of LBMA gold price forecast survey vs. outcome. Source: BullionVault Chart of LBMA gold price forecast survey vs. outcome. Source: BullionVault](https://www.bullionvault.com/gold-news/sites/default/files/lbma-forecast-2005-2021-22-forecast.png)
"We asked analysts in this year's survey to identify their top three drivers for the gold price in 2022."A third of the total votes revolved around the [US] Fed's monetary policy, with projected interest rate rises cited as a negative for the [Dollar] gold price. Concerns about inflation accounted for around a quarter of the votes, with equity market performance regarded as the third key driver."
"Surprisingly, Covid-19 and geopolitical tensions were not particularly regarded as key influences for the gold price in 2022."