Svmuu News: Deutsche Bank analyst Michael Hsueh said the bank has lowered its third-quarter gold price forecast by more than 20% to $4,300 per ounce and its fourth-quarter forecast by 17% to $4,800 per ounce.
“At present, potential investors who would typically provide support are noticeably absent,” he said, referring to weak demand for exchange-traded funds and a decline in buying interest in some countries. (Jin Shi)
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Deutsche Bank: Lowers Third-Quarter Gold Price Forecast by 20% to $4,300
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Source：Odaily · Source Link
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