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Updated 04:30 12/07/20

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2014 Gold Forecast

Adam Pike, News Editor
17 Dec 2013, 10:51 a.m.

The Bank of America Merrill Lynch are forecasting the gold price will average $1,294 per ounce in 2014. They are predicting gold will remain under pressure as they expect the Fed to taper back on their $85 billion monthly asset program, known as quantitative easing. In addition, the bank are forecasting that silver and platinum will outperform gold in 2014.

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