Gold price competition - predictions to date look for $960 average for 2009

As many Mineweb readers will be aware by now our 2009 annual gold price...

As many Mineweb readers will be aware by now our 2009 annual gold price competition is under way and we have over 40 entries already with more coming in daily.  Do try your hand at out-predicting the experts and send in your entries before the cut-off date.This year’s gold price competition, will operate similarly to the 2008 one with entrants attempting to predict the gold price under the following categories:  Gold Price High; Gold Price Low; Year-end Gold Price; and Average  2009 Gold Price.  As before there are no prizes apart from the winners’ pride in being a better crystal ball gazer than his/her peers in the various sections and in the overall competition. As a guide, the average of entries so far suggests readrs are predicting the following prices in the various categories:  High - $1211, Low - $757, Year end - $1078 and Average - $960. Please send your entries in to editor@mineweb.com and title the email Mineweb Gold price Competition Entry and add the name under which you would like the entry to be recorded.  As before we will be using London Bullion Market Association (LBMA) gold fixings as our pricing yardstick.  We will publish all the estimates at the competition closing date (which will be towards the end of January)