Gold price to fall 15% this year – strategists

by | April 11, 2013 4:55 pm

Gold prices could average $1500 per ounce over the course of this year, gradually dropping to $1375/oz by the end of 2013, according to strategists at Societe Generale. “This 15 percent fall is quite dramatic, especially compared with the Bloomberg consensus forecast of $1752/oz by the end of 2013,” SocGen’s Patrick Legland wrote in a…

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