What will be the price of gold in 2023?

However, the question of gold price predictions focuses on the Federal Reserve and its monetary policy. Unfortunately, the Federal Reserve is struggling with macroeconomic dynamics, such as rising energy costs, geopolitical hot spots, and a strong labor market, among other factors. Undoubtedly, the Federal Reserve succeeded in introducing compensatory deflationary forces, as evidenced by the increase in purchasing power in July. However, inflationary forces returned to dominate in September.

According to Motley Fool, streaming refers to “a financial transaction in which a company provides cash in advance to a mining company for the right to buy gold at reduced prices in the future.