The Lowest Price Of Gold In 2014
< p > < strong > > a href= "http://www.91se91.com/news/index_f.asp" > Bank < /a >: the lowest price of gold will fall to 725 US dollars / ounce, < /strong > /p >
P (Deutsche Bank) on Tuesday (December 12th) pointed out that the fall in crude oil prices will help to stimulate global economic growth, which will further reduce the price of gold and support the platinum industry at the same time.
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P, Germany, US bond yields and strong stock market risk premiums will bring pressure on gold.
Deutsche Bank stressed that the current gold valuation is still too high in the light of history and other data, which means that there is still much room for future gold prices to fall.
According to the adjusted producer price index (PPI), the future price of gold needs to fall to 725 US dollars / ounce; according to per capita income, the future price of gold needs to drop to 800 US dollars / ounce; according to the S & P 500 index, the future price of gold will fall to 900 US dollars / ounce.
In addition, if the copper price is invested at 6500 US dollars / metric ton, the historical valuation of gold is almost 1050 US dollars / ounce; only when the reasonable price of Brent crude oil is located at 90 US dollars / barrel, can the actual value of gold reach US $1400 / ounce.
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< p > < strong > mein Merrill: the average price in 2014 dropped to $1100 at $1294 / ounce, < /strong > < /p >
< p > mein Merrill Lynch said in its 2014 outlook report on Tuesday (December 12th) that it is expected that the 2014 a href= "http://www.91se91.com/news/index_f.asp" > gold price < /a > will be further pressurized, as the Federal Reserve may start to shrink QE, which will lead to a rise in US bond yields.
Due to the impact of the overall commodity market downturn and the gradual strengthening of the US dollar and US bond yields, the bank expects gold prices to hit $1100 per ounce next year.
At the same time, the bank believes that the overall performance of gold will be less than that of silver and platinum palladium next year.
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< p > the average price of gold in 2014 is $1294 / ounce, of which the average price in the first quarter is $1250 / ounce, while the average price in the four quarter is 1350 dollars / ounce.
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< p > < strong > Royal Bank of Canada: up to 1310, down to a minimum of 1060 US dollars < /strong > /p >
George Davis, an analyst at P RBC, said that the price of a href= "http://www.91se91.com/news/index_f.asp" > gold "/a" would probably rise slightly to around $1310 in the next few weeks due to the lack of compensation.
Then the market will move downward.
In the end, gold will drop again at the level of US $1180 (low in mid June). Once this position is dropped, the market will become more crowded, and the price of gold will fall to $1100 or even $1060, which was the lowest level in February 2010.
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< p > strong > Barclays Bank: it is proposed to sell short gold. The gold price is expected to be 1270 US dollars at the end of 2014, < /strong > /p >
< p > Barclays Bank's proposal for gold is "short". The bank believes that the Federal Reserve will start to shrink QE in March next year, and then the price of gold will fall.
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< p > but the bank's overall gold price in 2014 is higher than the current gold price.
Barclay believes that the average gold price in the first quarter of next year will be $1350 / ounce, but it is believed that by the end of 2014, the price of gold will fall to 1270 dollars / ounce.
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< p > < strong > Citibank: gold price is expected to fall to 1000 US dollars, double bottom is forming < /strong > < /p >.
P (Citi) on Monday (December 9th) pointed out in the research report that from a technical perspective, if the future price of gold falls below the low point of 1180 US dollars in mid June, it is expected to fall to 1000 US dollars / ounce area.
However, the bank said that if combined with the basic comprehensive assessment, it would not be easy for the gold price to continue to fall by US $200 at the current level.
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< p > < strong > German Commercial Bank: gold price falls or falls below 1180 < /strong > < /p >.
Karen Jones, a technical analyst at Commerzbank AG, said on Monday (December 12th) that gold had a clear technology selling signal at the end of 10, and that if the gold price is not above the level of $1234 today, the market is likely to fall below the low of 1180.50 US dollars / ounce in the year.
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< p > < strong > France Societe Generale (601166, stock bar): down 2014 gold price is expected to be US $1050 < /strong > /p >
According to the report issued by P, the change in the Fed's policy will be a key factor in the gold trend.
The bank expects gold prices to drop to $1050 / ounce in the fourth quarter of 2014.
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In P report, the bank said that the driving force of gold price fluctuations in recent months is the change of monetary policy and market expectations.
No matter whether the Fed's time to reduce its debt purchase plan has been determined, the ultra loose policy of the Federal Reserve will change.
The downward trend in inflation expectations and the rise in Treasury yields point to lower gold prices.
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< p > < strong > Standard Bank of South Africa: short for gold, < /strong > /p >
Walter de Wet, an analyst at Standard Bank, yesterday (December 11th) said after the successful conclusion of the budget agreement in the US Congress: "the successful conclusion of the US Congress will suppress the risk sentiment and bring down the price of gold and silver. At the same time, it will attract more gold shorts to establish a new short position in the futures market."
In addition, political risk mitigation will encourage the Federal Reserve to announce QE reduction after the December Conference on interest rates.
In strategy, we still recommend that we sell gold at high prices. "
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< p >, he added, the current gold position is 1253 and 1244 US dollars, and the resistance level is 1264 and 1274 US dollars.
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