Gold will end next year at $1,400 an ounce - Capital Economics Gold prices are headed for a critical test according to The Week today. The Federal Reserve's 'wait and see' stance suggests policymakers there are in no rush to increase rates this year. "Sentiment over interest rates has been controlling gold prices all year," says The Week "as traders prepare for a rise that will lessen the attraction of non-yielding commodities and boost the dollar". Market analysts agree that a threshold is looming "in the form of the recent high in August and the 200-day rolling average gold price". However, some are more optimistic than others. Mining.com point to analysts at Denmark's Saxo Bank who "sense a change of sentiment is unfolding", with a rise above the $1,170 August high confirming that "a floor has been established". Capital Economics are suggesting that gold could "hit $1,200 before the end of this year, rising to $1,400 by the end of 2016". Read more on the GoldCore.com blog DAILY PRICESToday’s Gold Prices: USD 1173.70, EUR 1028.52 and GBP 764.76 per ounce.Yesterday’s Gold Prices: USD 1154.40, EUR 1014.95 and GBP 757.16 per ounce. (LBMA AM) Read more on the GoldCore.com blog IMPORTANT NEWS Asian shares extend losses after China prices cool – ReutersGold rallies for 4th day on hopes of delay in Fed rate hike – ReutersGold extends gains to a 3rd session in a row – MarketWatchGold is back in green after rough ride in Europe – fxstreet.comGold recovers losses on pessimism over Fed rate hike – Reuters IMPORTANT ANALYSIS Deutsche Bank Economist: The Fed Is in Danger of Making a Mistake of Historical Proportions – BloombergBlack swan risk rises to highest level ever – CNBCThreat of Brexit is now very real – CNBCYuan devalued again taking gold across $1,170 an ounce mark – GoldSeek.comJapan’s lesson in “people’s QE” for Jeremy Corbyn – MoneyWeek Read more News & Commentary on GoldCore.com Knowledge is Power Below are some of our most popular guides in recent months: 7 Key Storage Must Haves 10 Important Points To Consider Before You Buy Gold Essential Guide to Tax Free Gold Sovereigns Protecting Your Savings In The Coming Bail-In Era From Bail-Outs To Bail-Ins: Risks and Ramifications Currency Wars: Bye, Bye Petrodollar - Buy, Buy Gold Essential Guide To Storing Gold In Singapore Essential Guide To Storing Gold In Switzerland Breaking News and Research Here Follow GoldCore on https://twitter.com/goldcore!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");, Facebook, LinkedIn