22 Oct What makes a great gold price prediction?
If you want to recognise a good gold price prediction, then you need to understand some key concepts and you need to use those predictions wisely.
The most important thing to remember when making or assessing a prediction about gold prices is prediction involves uncertainty and risk. Thousands of factors influence the price of gold, some of them inherently unpredictable so you can never predict with complete certainty.
As a sensible investor you should always be looking for opportunities and planning ahead, while bearing in mind the need to mitigate risk.
Marcus Briggs, of Icon Gold and Citi Group, is a highly successful entrepreneur and senior executive in the gold markets in the UAE, Africa and South America. Here he shares his knowledge and expertise on gold trading and investing.