www.platts.com/latest-news/metals/london/...0oz-early-26170271
.....""Meanwhile, investors globally have shown limited interest in the metal, reflected in steady declines of assets under management at physically backed exchange traded funds," added Widmer.
Looking ahead, the bank believes that four price drivers are critical for gold; dollar strength, US interest rates, risk level changes and the wider commodity complex.
Overall commodities have had a rough 2015, with a wide sell-off across sectors.
"The Fed has reaffirmed intentions to start normalizing monetary policy soon, reflected in a bout of hawkish comments of late. Rising nominal rates are a particular issue for a nonyielding asset like gold when inflation is subdued, as the opportunity cost of holding gold is rising," said Widmer.
"In fact, rising nominal rates and disinflation have created the most bearish cocktail for gold in the past 43 years," he added...""
aber dann werden solche zahlen in den raum geworfen :
""The bank is forecasting the following price averages; third-quarter 2015 $1,175/oz, Q4 2015 $1,225/oz, Q1-Q2 2016 $1,250/oz.""
merkwürdig ?