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Commerzbank Reduced 2021 Gold Price Forecast
Germany-based Commerzbank, in its latest investment report, highlights the struggles faced by precious metals markets in the midst of increased investor focus on soaring equity markets. According to Daniel Briesemann, precious metals analyst at Commerzbank, gold will continue to remain under pressure, as long as the current environment persists without any major change. A further fall in gold prices in the short-term is not ruled out. The current difficult environment for gold is likely to continue until the middle of the current year. However, the bank does not expect a price collapse for the yellow metal. The bank ... (full story)
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- Posted: Feb 23, 4:53pm (22 hr ago)
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 49
