| It’s only natural that last week’s drop in gold prices would have investors wondering where the precious metal will trade a year from now. According to Sterne Agee analysts Michael Dudas and Satyadeep Jain, gold and silver prices will trend higher as “global demand remains firm, liquidity remains ample and the dollar appears overbought.”
How high? Dudas and Jain forecast gold prices averaging $1,400 in 2015 and $1,450 in 2016. As for silver prices, the pair see an average price of 19 next year and $21 in 2016. For investors, the pair recommend gold midnight stocks, rating Newmont Mining (NEM), Agnico-Eagle Mines (AEM), Coeur Mining (CDE) and Gold Resources (GORO) as Buys...............................................Full Article: Source
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