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Metal prices predicted to fall after commodities rise in May

Posted on 25 June 2013

Investors may have long forgotten the rebound in commodities last month as metals get pressured lower in June. Bull investors face an uphill battle. Gold, silver and copper are all trading at multi-year lows.
And it could get worse. Goldman Sachs cut its outlook nearly 10 per cent for gold prices in 2013 to $1,300 per ounce and about 17 per cent in 2014 to $1,050 per ounce due to a brigher economic scenario in the U.S………………………………………..Full Article: Source


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VRS - who has written 39856 posts on Opalesque Commodities Briefing.


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