Gold forecast: Citi cuts its gold price forecast
Citigroup analysts cut their gold prediction for 2013 by 4.2% to $1,675 a troy ounce and 0.2% to $1,653 a troy ounce for 2014. Citigroup: “Gold’s recent struggle to sustain itself beyond the $1,800 technical resistance level despite seemingly conducive conditions such as record low interest rates and fiscal uncertainty has cast doubt onto the […]