WHERE WILL THE GOLD GO?

1. The word limit for this assignment is 2,500 (+-10%) which does not include referencing.
2. Assignments are to be submitted through Turnitin in Blackboard, only one submission attempt is possible.
3. Students may request an extension to the stipulated due date in exceptional circumstances only and where supporting documentation can be offered. Such requests must be made to the PG office before the due date. Requests received on or after the due date will not be considered.
4. This assignment contributes to 40% of the overall module grade.

5. Before submitting your assignment, please ensure that it is properly referenced, to guard against accusations of malpractice. Guidance on referencing can be found by clicking on the link below and choosing “Harvard Referencing Guide”

Additional information on avoiding allegations of malpractice can be found in the Student Handbook.

WHERE WILL THE GOLD GO?
Gold prices are increasing over the last few months (true fact as of 25th of January 2020 as illustrated in the following graph from Yahoo finance)

With that in mind I challenge you to provide an estimate of what the price of Gold (in$) will be on the last trading day of May 2020?
You have to write a report that makes two approaches to this: a) one based on your own calculations and data and information you will gather from wherever you see appropriate (30% of the marks), and b) one based on secondary forecasts and views from various experts and think-tanks (30% of the marks).
Your final estimate should be a weighted average of the two aforementioned forecasts and I expect a good rationale on how you decide on those weights. (20% of the marks).
You are expected to write this report to read, look and feel like a professional journalistic FT/Business Week/Economist article (20% of the marks).