It has been a roller coaster for gold prices soaring after being dormant for a few months in 2017. This year, the main effect I think on Gold is Indian legislation regarding the regulation of Gold and Gold exchanges. This will have the effect of people hoarding their gold, therefore, not selling. These measures being discussed by the finance minister are being watched closely as the Indian market is fond of gold as a product and a technology. I see the price @ $1340 or above possible in the beginning of March.