Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

NBF Increases 2008-2011, Long-Term Gold, Silver Forecasts

Share on Stocktwits

Source:

National Bank Financial metals analysts Tanya Jakusconek and Brian Christie Monday revised their future gold forecasts upward predicated on a "positive mix of historic price drivers and support gold market fundamentals."

National Bank Financial metals analysts Tanya Jakusconek and Brian Christie Monday revised their future gold forecasts upward predicated on a "positive mix of historic price drivers and support gold market fundamentals."

Their revised estimates remain unchanged for this year at $675/oz average price, then increase from the previous $675/oz to $725/oz for 2008, and are boosted from $625/oz to $700/oz in 2009. For 2010 forecasts were reviewed upward from $575/0z to $650/oz, and for 2011 onward $600/oz up from $525/oz.

Get Our Streetwise Reports' Resources Report Newsletter Free and be the first to know!

A valid email address is required to subscribe