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Gold pessimism grows as investors predict falls

Posted on 17 May 2013

Gold has the worst 12-month outlook among key commodities markets and could see falls over the coming months, according to a client survey from Credit Suisse. The survey, published yesterday and based on responses from a poll of around 185 Credit Suisse clients, showed that 60% of investors named gold as the commodity with the worst forecast when compared with copper, crude oil and corn.
More than half of respondents expect gold to trade below $1,400 per ounce in a year’s time, down from the current $1,465 per ounce………………………………………..Full Article: Source


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