| Investment Bank Goldman Sachs says "we maintain our $1,000 per ounce gold price forecast over the next 12 months". The bank says, "over the next 12 months we forecast (palladium) prices to move up to $750 per ounce, though the risks to this forecast are also skewed to the downside"
"Palladium has fallen sharply over recent weeks on weak Chinese automotive output," it said. GS sees more downside risk to its copper price forecasts. "We see the risks surrounding our 3/6/12-months copper price forecasts of $4,800 per tonne, $4,800 per tonne and $4,500 per tonne, respectively, as skewed to the downside."..............................................Full Article: Source
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