Gold decreased 7.48 USD/... or 0.58% to 1,281.21 on Tuesday January 8 from 1,288.63 in the previous trading session. Historically, Gold reached an all time high of 1898.25 in September of 2011 and a record low of 34.83 in January of 1970.
Gold is expected to trade at 1276.47 USD/t oz. by the end of this quarter, according to my view macro models and analysts expectations. Looking forward, i estimate it to trade at 1196.34 in 12 months time.