The average price of gold in 2012 was $1,668.86 per ounce. It is impossible to know for sure how many precious metal dealers predicted the average price of gold for 2012, but it is likely that a very small number of them did. Therefore, the probability that a randomly selected precious metal dealer predicted the average price of gold for 2012 is very low.
Here are some reasons why it is difficult to predict the price of gold:
Gold is a commodity, which means that its price is determined by supply and demand.
The supply of gold is relatively fixed, as it is a mined resource.
The demand for gold is influenced by a variety of factors, including economic conditions, investor sentiment, and geopolitical events.
Gold is often seen as a safe haven asset, and its price tends to rise during times of economic uncertainty.
Gold is also used in jewelry and other decorative items, and its price can be affected by changes in fashion trends.
Given all of these factors, it is not surprising that it is difficult to predict the price of gold with any accuracy.