Sat, Sep 20, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

Gold “to fall to $1,400 by end 2013″ but “could see $2,000 next year”

Posted on 22 March 2013

The dollar gold price hovered just below $1,610 an ounce Thursday morning, while stocks and commodities fell along with the euro as disappointing economic data was added to news that Cyprus’s banks will remain closed until next Tuesday.
“We forecast the gold price to have dropped to below $1,400 by year-end and for it to continue to trend lower next year,” says a note from Societe Generale. SocGen has cut its average gold price forecast for this year to $1,500 an ounce, with the per ounce averages for 2014 and 2015 cut to $1,400 and $1,300 respectively………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37015 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930