Gold prediction for 2013(Deutsche Bank): Gold prices will likely exceed $2,000 an ounce in the first half of 2013
Gold prediction (Deutsche Bank):“We believe that expanding monetary conditions globally will provide the catalyst for higher gold prices,” they noted, saying prices will likely exceed $2,000 an ounce in the first half of 2013.
Deutsche Bank expects further monetary easing globally, which normally is a positive for gold prices, although “the timing and magnitude of future policy rhetoric and action is very difficult to determine.”
