SocGen raises 2014 gold price forecast

Published Date: 
Thursday, June 5, 2014

Societe Generale raised its 2014 price forecast for gold on Wednesday, citing support from the Crimean crisis as the key factor. The bank raised its forecast for gold to US$1,272 per ounce from an earlier forecast of US$1,180. 

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Throughout history the ruling class has always sought to own gold and silver because they represent purity and longevity.

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