Goldman Forecasts Gold Rally Amid Debt-Ceiling Confrontation – Bloomberg 01-20-13

Salient to Investors:

Damien Courvalin and Alec Phillips at Goldman Sachs said gold will climb to $1,825 in 3 months – consistent with rallies into debt-ceiling decisions – and then decline in half2 2013 as the US economy rebounds.

Tom Kendall at Credit Suisse expects lower prices in half2 as the U.S. recovers and fear trades fade. Allan Hochreiter said the gold bull market is over.

Read the full article at http://www.bloomberg.com/news/2013-01-21/goldman-forecasts-gold-rally-amid-debt-ceiling-confrontation.html.

Free email alerts of articles as soon as they are posted.