Thu, Aug 28, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

S&P lowers gold price assumption to $1,250/oz

Posted on 04 February 2014

Standard & Poor’s has lowered its gold price assumption by almost 10% for 2014-2016, but raised its price assumption for zinc by 10%-20% during the same period.
“By contrast, we are not changing our assumptions for copper, nickel or iron ore,” said S&P analysts. “We expect favorable prices for copper and iron ore to persist over our forecast period, but our flat-to lower long-term assumptions incorporate the risk of incremental capacity over the next 18-24 months.”……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 36638 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