Predicting Gold price for the year 2025 using Predictive Analytics

 Predicting Gold price for the year 2025 using Predictive Analytics

Gold has appreciated by 34% in 2024, it is nearly $2600 on Jan-2-2025. I wanted to check How is it expected to perform in next 1 year. The nearest matching patterns were found with MDAX from Germany that had 10% up move and 6% down move in next 12 months. So overall Gold can be expected to be positive in 2025.

A question might come that, How would the Predictive Analytics have performed on 2-Jan-2024 when Gold was above US $2000? The system found nearest matching pattern from US stock Broadcom on March-4-2010 that had moved up 78% and -1% in next 12 months. The actual movement of Gold was 34% on up side and -4% on down side in next 12 months.

#PredictiveAnalytics #patterns #prediction #gold

Comments

Popular posts from this blog

Predicting long term (1 year) market performance using Predictive Analyrics

Patterns based prediction of NASDAQ 100 (NDX) for next 12 months as on Feb-19-2025 using Predictive Analytics