Last Updated : 19 November 2012 at 15:15 IST
BNP Paribas cuts 2013 Gold, Silver price forecasts
Source :Commodity Online/BNP Paribas
French Bank has trimmed its 2013 gold price outlook to $1,865 an ounce, compared to its $1,900 forecast in September but still looks for the metal to rise.
The moment that confidence in the U.S. Dollar eventually breaks, the opportunity to buy si...
In terms of the regional end-demand breakdown, given that zinc (50%) and copper (43%) have..
That is a tough call. Copper has always been considered an indicator of future economic st.. - Commodity
- |
- Advise
- |
- Entry
- |
- Agency
- Lead

- 110
- COMEXSTOCK
- Natural Gas

- 225
- COIL
- Silver

- 42800
- COMEXSTOCK
- Commodity
- |
- Contract
- |
- Trend
- |
- Pivot Point
- Rubber
- June
- Sideways to Bearish
- 16820
- Cardamom
- June
- Sideways to Bearish
- 743
- Turmeric
- June
- Sideways to Bullish
- 5939
- Soy Bean
- June
- Sideways to Bullish
- 3907
- Refined Soy Oil
- June
- Sideways to Bullish
- 699
- Commodity
- |
- S1
- |
- R1
- |
- Trends
- Castor See..
- 3352
- 3416
- Bearish
- Maize
- 1175
- 1194
- Sideways
- Menthol Oi..
- 926
- 948
- Sideways
- Cocudakl
- 1440
- 1464
- Bearish
- Cotton
- 17760
- 18020
- Sideways
- Kapas
- 1022
- 1037
- Sideways
- Gold, Silver may trade weak; Crude Oil to remain stable
- Exchange-traded products in gold -- investment vehicles that give investors exposure to bullion through issuing securities backed by the physical metal -- have seen huge outflows this year.
- read more
Continued year-over-year declines in U.S. beef production are expected to push beef exports lower..
By Col. Ajay
As per financial astrology, transit OD Sun in Saturn house is ..
PARIS (Commodity Online): Paris based bank BNP Paribas has cut its next year price forecasts for gold and silver.
French Bank has trimmed its 2013 gold price outlook to $1,865 an ounce, compared to its $1,900 forecast in September but still looks for the metal to rise. The timing of the gold price peak will be closely linked to the rate of improvement in the G3 economies.
The bank trimmed its next year silver forecast to $39.05 an ounce from $41.70/oz. “Silver should outperform gold at times of high risk appetite,” BNP Paribas concluded.
The bank also noted that, yellow metal should benefit most from an expected further round of quantitative easing. In 2013, gold could break its previous record high, but the potential for further upside may be limited thereafter.







