What will the price of gold be at the end of August, 2008?
Settled as Gold price between $800.01 and $850.00 inclusive
Settled as "Between $800.01 and $850.00" as gold closed on 8/29 at $832.00
Background:
At their annual meeting in Toronto, during a question and answer session on May 20, 2008, Kevin McArthur, President and CEO of Goldcorp stated that he was certain that investors would soon see 4-digit gold prices again (as gold prices climbed above $1,000 per ounce in March). In the last month there have been several articles written that have predicted a strong rise in the price of gold, even though in the last couple of weeks there has been a decline in the price of gold. Since mid-July gold has declined from $986 per ounce (London Fix) to close the month at $918 per ounce, a decline of $68 per ounce (7 %).
In their recent Gold Commodity Update, Citigroup's metals analysts John H. Hill and Graham Wark predicted that gold is likely to again exceed $1,000 per ounce at the end of 2008, and to climb even higher through 2009-2010. These analysts stated that supply and demand factors favor gold during the second half of 2008.
Settlement details:
As reported by a major mainstream news source.
What will the price of gold be at the end of August, 2008?
Gold price $800.00 or below
Gold price between $800.01 and $850.00 inclusive
Gold price between $850.01 and $900.00 inclusive
Gold price between $901.01 and $950.00 inclusive
Gold price between $950.01 and $1000.00 inclusive
Gold price between $1000.01 and $1050.00 inclusive
Gold price between $1050.01 and $1100.00 inclusive
Gold price between $1100.01 and $1150.00 inclusive
Gold price between $1150.01 and $1200.00 inclusive
Gold price $1200.01 or above
Forecast history, %
Settled
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Gold price $800.00 or below |
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Gold price between $800.01 and $850.00 inclusive |
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Gold price between $850.01 and $900.00 inclusive |
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Gold price between $901.01 and $950.00 inclusive |
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Gold price between $950.01 and $1000.00 inclusive |
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Gold price between $1000.01 and $1050.00 inclusive |
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Gold price between $1050.01 and $1100.00 inclusive |
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Gold price between $1100.01 and $1150.00 inclusive |
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Gold price between $1150.01 and $1200.00 inclusive |
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Gold price $1200.01 or above |
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Activity: H$27,508
Settled as
Gold price between $800.01 and $850.00 inclusive on Sat 30th Aug 6:13am PDT
Suspend date: Fri 29th Aug 12:59am PDT Settlement date: Sat 30th Aug 6:13am PDTPrediction cut-off: Predictions on this question after Fri 29th Aug 12:59am PDT have been voided because they were made after the question could be settled
Initial likelihoods:
Gold price $800.00 or below: 15%, Gold price between $800.01 and $850.00 inclusive: 13%, Gold price between $850.01 and $900.00 inclusive: 20%, Gold price between $901.01 and $950.00 inclusive: 13%, Gold price between $950.01 and $1000.00 inclusive: 11%, Gold price between $1000.01 and $1050.00 inclusive: 9%, Gold price between $1050.01 and $1100.00 inclusive: 7%, Gold price between $1100.01 and $1150.00 inclusive: 5%, Gold price between $1150.01 and $1200.00 inclusive: 3%, Gold price $1200.01 or above: 4%
Action history:
Created Thu 7th Aug 3:45am PDT by
shojun
Suspended Fri 29th Aug 12:59am PDT : Suspend date reached
Settlement requested Fri 29th Aug 8:48pm PDT by
Erik:
Markets are closed and won't reopen until September
Settled as 'Gold price between $800.01 and $850.00 inclusive' Sat 30th Aug 6:13am PDT by
bayoubear![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin")
:
Settled as "Between $800.01 and $850.00" as gold closed on 8/29 at $832.00
Suspend date: Fri 29th Aug 12:59am PDT Settlement date: Sat 30th Aug 6:13am PDTPrediction cut-off: Predictions on this question after Fri 29th Aug 12:59am PDT have been voided because they were made after the question could be settled
more info...
Predictions (92)
92 predictions
13 weeks ago
joaoxxx predicted
Gold price between $850.01 and $900.00 inclusive (H$10 at 4%)
13 weeks ago
allenger predicted
Gold price $800.00 or below (H$13 at 5%)
13 weeks ago
kruijs![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user")
predicted
Gold price between $800.01 and $850.00 inclusive (H$500 at 83%)
14 weeks ago
shojun predicted
Gold price between $800.01 and $850.00 inclusive (H$885 at 79%)
14 weeks ago
kiwifire predicted
Gold price between $800.01 and $850.00 inclusive (H$140 at 77%)
13 weeks ago
joaoxxx predicted
Gold price between $850.01 and $900.00 inclusive (H$10 at 4%)
13 weeks ago
allenger predicted
Gold price $800.00 or below (H$13 at 5%)
13 weeks ago
kruijs predicted
Gold price between $800.01 and $850.00 inclusive (H$500 at 83%)
14 weeks ago
shojun predicted
Gold price between $800.01 and $850.00 inclusive (H$885 at 79%)
14 weeks ago
kiwifire predicted
Gold price between $800.01 and $850.00 inclusive (H$140 at 77%)
14 weeks ago
infernalmachine predicted
Gold price between $800.01 and $850.00 inclusive (H$331 at 64%)
14 weeks ago
infernalmachine predicted
Gold price $800.00 or below (H$100 at 9%)
14 weeks ago
infernalmachine predicted
Gold price between $850.01 and $900.00 inclusive (H$100 at 17%)
Showing recent public predictions only
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