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BNP Paribas retains average gold forecasts of $1,500 in 2011, $1,600 in 2012

Posted on 30 March 2011

BNP Paribas is retaining its average gold-price forecasts of $1,500 for 2011 and $1,600 for 2012. Demand from emerging markets, particularly Asia, remained strong in the first quarter, but interest from developed economies was more subdued, BNP says.
Safe-haven demand rose with the political upheaval in the Middle East-North Africa and due to events in Japan, says the report from Anne-Laure Tremblay……………………………………..Full Article: Source


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