HSBC Trims 2015 PGM, Silver Forecasts But Sees Rallies From Current Prices

by / Friday, 28 August 2015 / Published in Gold & Silver

HSBC has trimmed its 2015 forecasts for platinum, palladium and silver in light of the recent China-triggered sell-offs in commodities across the board, although the bank looks for each to bounce from current levels. HSBC expects fourth-quarter and 2016 rallies in platinum group metals based on supply/demand deficits.

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Source: Kitco