Thu, Dec 18, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Goldman Sachs cuts 2013 gold price forecast from $1,940 to $1,810/Oz

Posted on 07 December 2012

Goldman Sachs has cut next year gold price forecast to $1,810 per ounce from the $1,940 an ounce projected earlier in the year. Its 2014 forecast for gold prices is $1,750 per troy ounce.
“While we see potential for higher gold prices in early 2013, we see growing downside risks. As a result, we find that the risk-reward of holding a long gold position is diminishing,” said the American multinational investment bank in a snippet………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38490 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031