Goldman Sachs Gold Price Forecast for 2013 and 2014

Goldman Sachs predicts an average gold price of $1,413 for the year 2013. This doesn't necessarily mean that gold will get back to this level (from the current gold price of $1,329 as of July 26, 2013), because the first half of the year, during which gold was for the better part trading above $1,500, is already included in the average.
Goldman expects the U.S. recovery to pick up and gold to plunge the next year, predicting gold to average only $1,165 in 2014.