Gold seen at lackluster $1,160 next year
By GCRU Gold News on Friday, October 23 2015, 22:25 - Permalink
Precious-metal market insiders see the price of gold remaining little changed at $1,160 per troy ounce next year as a U.S. interest rate hike, economic uncertainty in China and other factors depress bullion buying.
That was the average forecast given in a survey of attendees at a conference hosted by the London Metal Exchange in Vienna this week.