The Zhitong Finance App learned that according to a survey on the gold industry, the price of gold is expected to rise to a record high next year. Delegates attending the London Bullion Market Association (LBMA) annual conference expect that by the end of October next year, the price of gold will rise to an average of 2,917.40 US dollars per ounce, which is nearly 10% higher than the current level. Furthermore, according to the average forecast of LBMA representatives surveyed, the price of silver is expected to rise 43% to reach 45 US dollars per ounce by the end of October next year.

The Zhitong Finance App learned that according to a survey on the gold industry, the price of gold is expected to rise to a record high next year. Delegates attending the London Bullion Market Association (LBMA) annual conference expect that by the end of October next year, the price of gold will rise to an average of 2,917.40 US dollars per ounce, which is nearly 10% higher than the current level. Furthermore, according to the average forecast of LBMA representatives surveyed, the price of silver is expected to rise 43% to reach 45 US dollars per ounce by the end of October next year.