Fri, Aug 1, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Silver to outperform Gold in 2014: Bank of America Merrill Lynch

Posted on 30 September 2013

Bank of America Merrill Lynch has cut its average gold and silver price forecasts for next year as United States monetary policy starts to normalize. The bank expected silver to outperform gold next year.
Gold Price Forecast: The American bank has trimmed its average gold price forecast by 17% and is expecting to see an average price of $1,294 an ounce in next year. According to the bank, a gradual increase of U.S. real interest rates should be accompanied by lower gold prices in 2014, a key reason behind the reduction of price forecasts………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36221 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31