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Commodities Briefing - Categorized | Bullion/Gold, Trends more

Gold forecast to reach $1,400 level

Posted on 02 October 2013

Gold prices will stabilise after this year’s sharp drop and reach more than $1,400 a troy ounce in 2014, according to a closely watched survey of industry forecasts by the London Bullion Market Association.
The results of the annual survey from around two dozen of the world’s largest bullion dealing banks and trading houses show many analysts and investors view this year’s decline as a correction rather than the start of a bear market………………………………………..Full Article: Source


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