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Deutsche Bank Cuts Gold-Price Outlook

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Deutsche Bank (NYSE: DB) lowered its forecast on gold prices for 2013 and 2014.

The bank cut its gold outlook for 2013 by 12.1% to $1,856 a troy ounce and its 2014 outlook by 5% to $1,900/oz.

The bank also lowered its s 2013 price forecast on silver by 16.8% to $37/oz and its 2014 view by 5% to $38/oz.

Posted-In: Gold Price EstimatesNews

 

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