Goldman Sachs (GS) Expects Gold Prices To Fall Sharply Within 12 Months
April 15, 2014 at 04:35 AM EDT
Gold future prices fell 28% in 2013 and the metal’s prospects for recovery – despite rallying by around 10% since the beginning of the year – don’t look great. In a new note to clients, Goldman Sachs analysts predict [via Business Insider] that the yellow metal will fall by more than 20% to $1,050/oz within the […] View the full post at: Goldman Sachs (GS) Expects Gold Prices To Fall Sharply Within 12 Months Related posts: Gold Marks One of The Best Months in Ten Years The Virtuous Cycle of Higher Gold Prices Potash (POT) Upgraded by Goldman Sachs (GS)