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

Big banks are on the move with their gold, commodity-price targets

Posted on 26 June 2013

Is there an echo in here? No less than four investment banks have adjusted their commodity calls in the last 24 hours. And one, Goldman Sachs, has revisited the theme twice.So here’s Tuesday’s roundup.
Deutsche Bank, which made the changes as part of its quarterly review, said a slower-than-expected recovery for China and expectations for Fed tapering are the major rationale behind the cuts. Oil forecast trims are based on a bullish dollar outlook……………………………………….Full Article: Source


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VRS - who has written 39513 posts on Opalesque Commodities Briefing.


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