BNP Bank lowered its forecast for the price of gold for the years 2016 and 2017
BNP Bank lowered its forecast for the price of gold for the years 2016 and 2017
Tuesday, January 19, 2016 08:41
Baghdad / follow-up Baghdadiya News / … reduce bank BNP Paribas on Tuesday its forecast for gold prices, saying he now expects average of $ 960 an ounce in 2106, down $ 15 from its previous forecast.
The French bank also cut its forecast for the average price of the yellow metal in 2017 by $ 40 to $ 860 an ounce.
He said that gold is expected to continue its downward trend in the long term, especially after that was taken by the Federal Reserve (the US central bank), the first step towards the normalization of Alvaidh.anthy 21 / T rate policy
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