| Gold prices will fall further in 2015 on factors including weak demand and US economic strength, analysts told the BNamericas 2nd Mexico Mining Summit. The yellow metal declined steeply in September on the back of US dollar strength, averaging US$1,238.81/oz in London, compared with US$1,295.99/oz in August.
"We expect gold prices to continue to fall in 2015 due to weak physical and investment demand, and don't expect any rebound at least for the next year," Fernando Bolaņos said at the event, held in Mexico City. Increases in interest rates in the UK and the US expected next year and continuing low inflation are also negative for yellow metal prices, he said...............................................Full Article: Source
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