As 2022 wraps up and we all plan our New Years Resolutions, it’s important to start thinking about your financial goals for 2023. Anyone who follows our muses here at Investor’s Circle knows that we are well advising people to start allocating a portion of their portfolio to precious metals. Gold, silver, palladium, whatever you feel best about – just do it! In fact, if you do one thing for yourself in 2023 – it should be making sure your retirement savings are protected and have money allocated to precious metals. So before I go into the gold price outlook for 2023, do yourself a favor and get a wealth protection kit free of charge, from the top rated precious metals company.
—> Get Your Free Wealth Protection Kit
Further, if you want to know more about this company and see how it stacks up against other gold companies, view our gold company ratings page. It sheds light on all companies in the space and keeps tabs on all consumer reports, new reviews, fee structures, and more.
Now, after you digest the above information and grab your free kit, let’s talk about the gold outlook 2023.
What Will Gold Prices Do in 2023?
At the time of publication, here’s today’s gold price. It’s always fun watching how posts age, and today, with so many minds weighing in on the topic, we can look back at this article and see who nailed the gold outlook.
First, a disclaimer before publishing opinions.
I’ve set out to find recently released thoughts on the gold outlook. Please check the dates of each publication (I’ve linked to the sources) to know when these opinions were released. Investors Circle believes all of this information to be accurate (it’s a roundup of information) but as we don’t control third party content, it may be updated or removed. Do your own due diligence when investing, and know that Investors Circle is not responsible for any financial losses.
That said, know that we are as BULLISH as anyone in the industry on precious metals.
Gold Outlook #1: Gold Could Surge Past $4,000
- Juerg Kiener, managing director and chief investment officer of Swiss Asia Capital.
In an article published on CNBC, Kiener pointed to “many economies facing a recession” as main point behind his prediction, which had a range of $2,500 to $4,000 for the 2023 gold price.
There is a good chance the gold market sees a major move, it’s not going to be just 10% or 20%, but a move that will “really make new highs.
Central banks would slow the pace of their interest rate hikes if Kiener’s prediction of some first quarter struggles holds true, which would drive investors to gold.
He also added that “gold is a very good inflation hedge,” which is something we’ve been saying for quite some time.
Gold Outlook #2: Gold to Increase to $3,000
- Saxo Bank Group
Links to stories are below:
In fact, everywhere I looked all I saw were positive views on gold and it’s future in 2023. It’s easy to find similar opinions and be happy because it makes you feel smart, confident, and in the know, but when you see what inflation is doing to our society, it’s never been more in our faces. Gold and precious metals are the safest thing to look to when it comes to asset protection, and I challenge readers to follow a safer investment in 2023.
Ron Paul has been harping on this concept for years, and he predicted the current inflation. Read Ron Paul’s gold views for more.
If you do one thing today, read our gold IRA guide and take action.
2023 Investment Advice for Investors
I think we’ve covered this quite a bit, and by now you know where we stand on gold and precious metals, and how we urge people to not only invest with funds they have close to them, but also with their retirement funds.
We like to be sure of things, and do a lot of research, and we follow some pretty big players in the financial world.
Nikhil Kamath, the founder of India’s second biggest brokerage, called Zerodha, mentioned that investors need to allocate 10-20% of their portfolio to gold and added that it’s a “relevant strategy.”