;

Goldman Sachs Revise Gold Forecast to $1450.00 per Ounce for 2018

fxstreet.com  ( Original )
FEB 8, 2018

Leading global investment bank, GoldmanSachs analysts cite global higher inflation, weaker dollar, rising oil prices as well as a hedge against stock market loses will help boost gold prices overall.

Goldman Sachs raised its gold price forecasts this Thursday. The investment firm now anticipates the price of precious metal at $1,350, $1,375, and $1,450/oz over the three, six and twelve months period respectively as against previous forecast of $1,225, $1,200, and $1,225/oz. 

ORIGINAL SOURCE: Goldman Sachs raises gold price forecasts by Haresh Menghani of fxstreet.com on 2/8/18