Gold, silver and copper price report 2015

It’s been another dismal year for commodities. Economic challenges, the strengthening US economy and an imbalance of supply and demand have had a devastating impact, leaving many miners with a cautious outlook for the future.

For gold companies, while the long-term view is above current spot prices, volatility remains the key issue. Trading at multi-year lows — under $1,200 per ounce — 63% of our respondents expect the price to head lower in the next 12 months, compared to just 7% last year.

For base metal producers, a growing global population that will have greater overall need for products such as cars, computers and household goods has helped support current prices. Silver has been hit the hardest in the past three years, falling by more than half to below $16 per ounce today. Copper, on the other hand — trading around $3 per pound, down from its record of $4.60 in early 2011 — is still considered profitable for well-disciplined producers.

This report explores what leaders in the industry expect in the years ahead, and looks at what producers are doing now to keep costs down and ensure future growth and profitability.



Previous editions

1.83 MB 2014 Global Gold Price Survey Results (1.83 MB)
Download the full survey.

1.83 MB 2013 Global Gold Price Survey Results (1.07 MB)
Download the full survey.

1.83 MB 2012 Global Gold Price Survey Results (862 KB)
Download the full survey.