Rocks become smoother as rough and jagged edges break off. Students run a model of this process by shaking sugar cubes and gravel together in a plastic container. The sugar cubes become smoother as their edges break off when they collide in the container.
By Diane Alter, Contributing Writer, Money Morning -. Gold prices today (Friday) climbed $18.90, or $1.66%, at $1,158.90, which was a six-week high for the precious metal. Gold prices today climbed after the release of the latest Federal Open Market Committee (FOMC) minutes.
Gold Price Forecast for 2018. The gold price forecast for 2018 is bullish. Many will find this hard to believe, however. The gold price per ounce has struggled to maintain its highs, which almost reached $1,350 on September 8. Undeniably, gold investors have grown frustrated. But there is good news. The most obvious is that the course of gold prices, bumpy as it has been, has been favorable in 2017. Thus, it shall continue and the gold price predictions for 2018 should be more bullish. The pattern in 2017 for gold prices has followed a simple and binary logic. Gold prices rose on signs of impending political risk, but greed has pushed them down.