07.11.2014 - Gold Prices Could Fall Below $1,100 But Floor Is Approaching - Natixis
Gold prices still have room to fall further and could end up dropping below $1,100 an ounce, but analysts at Natixis said that could signal a floor in prices as supply drops and demand increases. However, because of persistent weakness in the yellow metal, the French bank is also lowering its 2015 average price target to $1,140 an ounce, down about $30 from their previous average price of around $1,170 an ounce. Looking out to 2016, Natixis expects gold prices to average about $1,180 an ounce...............................................Full Article: Source
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