Deutsche Bank Raises Gold, Silver Price View

Deutsche Bank AG

lifted its forecast for gold and silver prices. The bank lifted its 2013 gold outlook by 3% to $2,113 a troy ounce and its 2014 forecast by 11.1% to $2,000/oz. The bank also raised its 2013 silver forecast by 3% to $44/oz and its 2014 view by 11.1% to $40/oz. Deutsche Bank shares closed at $40.21 yesterday.