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Societe Generale sees gold under $1,400 gold by year-end, copper underperforming base metals

Posted on 22 March 2013

Societe Generale looks for gold to pull back below $1,400 an ounce by the end of the year. In a review on the commodities sector, the bank said it looks for gains by platinum group metals, however. Meanwhile, it sees copper underperforming the other base metals traded on the London Metal Exchange.
Societe Generale listed a “moderately positive” outlook for the year in commodities as a whole, suggesting the most upside is likely from energy prices………………………………………..Full Article: Source


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