Presentation sounds good... just as Goldman Sachs and JP Morgan revised their outlooks on gold too:
"Goldman Sachs raised its gold price forecasts for the coming months, citing stronger net speculative positioning and a weaker U.S. dollar."
Gold prices are surging this year, and that has one of Wall Street's largest banks flocking to the yellow metal. "We're recommending our clients to position for a new and very long bull market for gold," JPMorgan Private Bank's Solita Marcelli said Tuesday on CNBC's "Futures Now." After seeing three back-to-back years of losses, the precious metal has rallied 20 percent in 2016. And that's just the start of the next leg higher, according to Marcelli. "[We think] $1,400 is very much in the cards this year."
Presentation sounds good... just as Goldman Sachs and JP Morgan...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AUC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
45.0¢ |
Change
0.005(1.12%) |
Mkt cap ! $153.2M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 45.5¢ | 43.5¢ | $39.33K | 88.50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2403 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 5220 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| AUC (ASX) Chart |
