| There is at least one more bear in the woods as analysts at BNP Paribas increase their gold -price forecast for 2016 but look for the price to trend lower through the rest of the year and 2017.
In an email response to Kitco News regarding the bank’s new forecast released late last week, Harry Tchilinguirian, global head of commodity markets strategy, said the strong performance during the first half of the year forced them to raise their base prices for 2016 and 2017, but “the path of least resistance is lower and not higher.”..............................................Full Article: Source
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