A revised gold forecast: To US$1820 by year end (prior $1580)

Author: Eamonn Sheridan | Category: News

One for the gold traders, via Credit Agricole weekly note

  • The low interest rate environment coupled with global central banks focusing on liquidity provisions is likely to keep hard assets such as gold attractive. 
  • We have revised our forecast profile higher. 
  • We now expect gold to end the year at 1820 (prev. 1580) and to trade closer to 1880 (prev. 1570) by the end of next year.
One for the gold traders, via Credit Agricole weekly note

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