Mon, Oct 20, 2014
A A A
Welcome kbr175@gmail.com
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 37533 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