2014 Gold Forecast
2013-12-17T10:51:27
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.