Commodity Trade Mantra

Posts Tagged ‘ABN AMRO’

The Worst Gold Bear is now the Most Convinced Bull

Less than one year ago, Dutch bank ABN AMRO has put itself on the map by being more bearish on gold than Goldman Sachs. ABN Amro has now released an update report & is now expecting the gold price to end 2017 at $1450/oz. That’s a 75% increase in target price. The downward spiral of the gold price has been broken, and the only way seems to be up.

ABN AMRO: Safe Haven Status of Gold Should be Revised

The volatility in the price of gold is getting a lot of attention from investors world wide, more than ever. ABN AMRO is trying to change thousands of years of history by saying gold’s safe haven status should be revised, all because the price of gold did not behave as they expected in recent years.

follow us

markets snapshot

Market Quotes are powered by India

live commodity prices

Commodities are powered by India

our latest tweets

follow us on facebook