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Estimates shock to gold prices!Estimates shock to gold prices! Gold prices will fall much more?JP Morgan lowered its average gold investor and low forecastsfor 2015 by drawing attention to consumer demand.

Wednesday November 12, 2014 07:44

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Estimates shock to gold prices! Gold prices will fall much more? JP Morgan lowered its average goldinvestor and low forecasts for 2015 by drawing attention to consumer demand. made the most pessimisticforecast for ABN Amro gold. However, other financial institutions also agree on the gold will declinefurther. JP Morgan lowered its average gold investor and low forecasts for 2015 by drawing attention toconsumer demand. Bank, next year the average price forecast lowered by reducing 4 percent to $ 1,220.The Bank's statement, "Both gold investors in the market as well as in Asia, the West did not for asignificant portion of the year. Low inflation and the fall in the inflamed tudes's expectations for thefuture, to be at the door of rate hikes in the US and a strong dollar will cause you to lose power of gold,"the statement said. the holding of estimates in precious metals Oversea Chinese Banking Corp analystBarnabas Gan, 13 percent of next year's gold decline in the estimated Enter found. "Depending on theand the growth rate of the global economy, the US economy price per ounce of $ 1,000, or even mayeven fall further below," said Gan, the world's two biggest consumers might not be enough to stop thedecline under the demands of China and India, he said. These two countries, covering more than half ofglobal demand. China's demand decreased in the second quarter of the year fell by 52 percent to 192.5tons. Goldman Sachs, Societe Generale expectations from the participants in the fall. France's SocieteMichael Haigh, $ 1000 and under the yellow metal in parallel with the improvement in stroke decline inoil prices and the US economy, he said the possibility of strong. Goldman Sachs analyst Jeff rey Currie,predicted that the end of 2014 gold sold at $ 1,050. Professor Campbell R. Harvey Duke University, inearlier statements, when inflamed month end speed is considered, precious metal, said further declines inareas that ounce price of may decline up to $ 800. 2015 will be the m Gold's decline year? According toanalysts, under the 2015 loss will be the year. In 2001, 256 in 2011 dollars based on the gold price perounce to $ 2,000 limit, going upside down by the Fed's monetary policy. Estimates agreed to continue todecline, though different analysts. ABN Amro forecast year-end 1100, while 2015 is expected to endaround $ 800. JP Morgan estimated 1,220 in 2015 dollars. Known for its predictions in the preciousmetals by Oversea Chinese Banking Corp analyst Barnabas Gan, the $ 1,000 is not six surprise. GoldmanSachs analyst Jeffrey Currie's year-end forecast at 1,050 dollars.

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