Gold forecast (Goldman Sachs): $1,825 an ounce over the next three months

Goldman Sachs published its Gold forecast on December 5 2012.

In the short term, more monetary easing around the globe and weaker growth could fuel higher prices for Gold, but such catalysts are already largely priced in, Goldman said. Gold is likely to reach a peak in 2013.
Goldman predicts gold prices to reach $1,825 an ounce over the next three months, trend lower starting in the middle of 2013, and end 2014 at $1,600 an ounce and averaging $1,750 that year..

Comments are closed.