| BMO Capital Markets cut its outlook for gold, silver and platinum prices, predicting that the precious metals will lag other commodity markets next year. In a research report regarding 2015 forecasts, the Canadian bank lowered its average 2015 gold forecast to $1,190 an ounce, down from $1,275. It reduced its silver forecast to $17.50 from $20.25 and its platinum forecast to $1,413 from $1,500.
As of Wednesday afternoon, gold for December delivery had fallen 0.53% to was trading at $1,206 per ounce. BMO, however, raised its palladium outlook to $860 from $853 and predicted that nickel and aluminum likely finding support on improving fundamentals...............................................Full Article: Source
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