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

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.

Source: Kitco