HSBC Trims 2013, 2014 Gold Forecasts, Retains Bullish View
HSBC Monday trimmed its outlook on gold prices for this year and next, but reiterated its bullish view on the metal. The bank cut its average gold price forecast for 2013 by 3.4% to $1,700 a troy ounce and reduced its 2014 price outlook by 3.1% to $1,720/oz. HSBC's forecast…
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