Gold price forecast predicition 2014 Goldman Morgan 06 January ...

<b>Gold price</b> forecast predicition 2014 Goldman Morgan 06 January <b>...</b>

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<b>Gold price</b> forecast predicition 2014 Goldman Morgan 06 January <b>...</b> Posted: 05 Jan 2014 01:16 PM PST Via research notes from: Goldman Sachs are predicting a significant decline of at least 15% this year J.P. Morgan have lowered their forecasts by 10% to $1,263 an ounce for 2014, and by 12%to $1,275 for 2015 Morgan Stanley expects gold to extend losses this year but bounce back, with the price to average $ 1,313 an ounce Take care with forecasts like these. The gold market, like other markets, responds to new information as it comes in, and it's a brave trader indeed who isn't cognizant of, or chooses to ignore, the impact of new information upon his view or prediction. I'm not saying that predictions aren't useful, in a year we can look back at them and get a good laugh. That's gotta be worth something, right? Categories: All, Asia Pacific, Gold | Tags: forecast, Gold | Permalink

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