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.
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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.
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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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