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

Banks see gold In $1,000 - $1,200 range

Posted on 12 December 2013

Banks and investment houses see weaker prices ahead for gold in 2014, as the Federal Reserve is expected to begin tapering its quantitative easing program and the U.S. economy is expected to pick up.
If the current price pattern holds, this year will be the first time since 2001 that gold prices will end the year on a loss. Below is a collection of forecasts put out so far by the major banks and investment houses:……………………………………….Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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