Analyst Forecasts $1303 Avg. for 2018 after Calling 2017 YTD Price - Report

 Highlights from Page 7 of Report

  • Gold prices averaged $1,258.46/oz over Q2 2017, within a dollar of our Q2 forecast ($1,258.66/oz with decimals). Thus, our full-year average forecast for 2017 remains unchanged(after marking to market with Q2 actuals) at $1,253/oz.
  • While gold prices have trended lower recently (with the exception of last week’s close),we remain of the view that on going uncertainty implies upside for gold prices.

  • Overall, we think there is some upside risk to prices through the balance of the year, before averaging $1,303/oz in 2018

Gold Strategy Golden in India 2017-07-17 by Soren K. Group 

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