Deutsche Bank lowers metals' price forecast for 2012

Note: This section contains information in English only.
Source: Marketwatch

Deutsche Bank AG cut the forecast for metals' prices for this year citing negative economic outlook and high probability of firmer dollar. Industry metals faced the most essential cuts with nickel's expected price was decreased by 19% to $18,625/ton, copper by 18.8% to $7,350/ton and aluminium by 17.8% to $2,138/ton. Precious metals are also likely to fall with gold falling by 3.9% to $1,825/oz, silver declining by 9.8% to $37/oz while palladium and platinum both tumbling by 12.8% to $698/oz and by 18.7%, to $1,525 a troy ounce, respectively.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.