Tue, Oct 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Investment, Research more

Citi Investment forecasts $1,450/oz gold, $25/oz silver

Posted on 12 October 2010

From Mineweb.co.za: Citi Investment has forecast a consolidation in the LME copper price as Chinese copper imports decline over the next couple of months due to very high copper prices. “Short term upside for base metals may be limited,” Citi advised, “but we expect gains for most of them in the medium term. Aluminum and copper are our favorites.”
Citi also revised its short and medium-term forecasts for gold to $1,450/oz. However, Citi analysts suggested that medium term, “silver could outperform gold if global industrial production keeps recovering.”………………………………………Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 37561 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031