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Commodities Briefing - Categorized | Market Moves, Price Watch more

UBS lowers 2014 gold, silver price forecasts

Posted on 04 December 2013

In a Precious Metals Note published Monday, UBS Investment Research lowered its 2014 average gold price from $1325/oz to $1,200/oz.
“The struggle for gold not only rests with the predominant selling interest amongst investors currently, but with limited positive catalysts looking forward; gold is unlikely to regain its former appeal,” said UBS Analyst Joni Teves and Strategist Edel Tully………………………………………..Full Article: Source


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