Commerzbank Sees $1,150/Oz Gold In 4Q, Sustained Rise Once Fed Uncertainty Dissipates

by / Monday, 19 October 2015 / Published in Gold & Silver

Commerzbank looks for gold to average $1,150 an ounce in the fourth quarter and rise to $1,200 in the first two quarters of 2016, suggesting that sustained price rises may not occur until uncertainty about the first U.S. interest-rate hike goes away.

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Source: Kitco