| Gold is unlikely to hold its gains this year, with a survey of 31 analysts predicting an average price of $1,103 a troy ounce, according to the London Bullion Market Association. That’s $57 below the average price in 2015 and just 1.1 per cent higher than the price in the first half of this year, commodities correspondent Henry Sanderson reports.
Joni Teves of UBS was the most bullish analyst surveyed, predicting an average gold price of $1,225 a troy ounce. The lowest forecast was $960, by Martin Squires at BNP Paribas...............................................Full Article: Source
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