Commodity Trade Mantra

Posts Tagged ‘Akshaya Tritiya’

Could Gold Production Peak in 2015 as Exploration Spending Drops?

Metals Focus predicted that 2015 could mark the end of the bear cycle for gold as demand looks “broadly balanced. A recent forecast by Goldman Sachs shows that 2015 will be the year when gold production peaks. Standard Chartered and Bank of America say gold will likely advance in 2015 even as Fed raises interest rates.

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