Gold prices are increasing over the last few months (true fact as of 25th of January 2020 as illustrated in the following graph from Yahoo finance)
With that in mind I challenge you to provide an estimate of what the price of Gold (in$) will be on the last trading day of May 2020?
You have to write a report that makes two approaches to this:
- a) one based on your own calculations and data and information you will gather from wherever you see appropriate (30% of the marks).
- b) one based on secondary forecasts and views from various experts and think-tanks (30% of the marks).
- c) Your final estimate should be a weighted average of the two aforementioned forecasts and I expect a good rationale on how you decide on those weights. (20% of the marks).
- d) You are expected to write this report to read, look and feel like a professional journalistic FT/Business Week/Economist article (20% of the marks).
- e) You should Provide and show some Histgorams, boxplot, graphs, and table to support your idea.
