Gold price: What future holds for you? : Deutsche Bank
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Gold price: What future holds for you?  

Deutsche Bank
The investment bank observes that its commodities team has turned increasingly bearish on gold in recent months, and the forecast for oil is also lackluster. As per their in-house forecast, gold would trade about 25-45% below its cyclical peak (it reached $1900 in September 2011) in the coming years. The gold call is cyclical, primarily based around the likely strengthening of the Dollar and scaling back of Quantitative Easing (QE).

Ajeet Kumar/Reema Sharma

 
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