Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / Goldman Sachs sees Gold, Copper, Iron Ore may decline 15% next year

Goldman Sachs sees Gold, Copper, Iron Ore may decline 15% next year

Nov 22, 2013 09:23

Source:SMM

Goldman Sachs expects gold, copper and iron ore prices may decline 15% next year as commodities face increased downside risks even as economic growth in the U.S. accelerates.

UNITED STATES November 21 2013 11:35 PM

NEW YORK (Scrap Register): Goldman Sachs expects gold, copper and iron ore prices may decline 15 % next year as commodities face increased downside risks even as economic growth in the U.S. accelerates.

According to Goldman, the risks are strongest for iron ore and follow increases in supplies; analysts including Jeffrey Currie wrote in a report yesterday that identified the New York-based bank’s top 10 market themes for the coming year.

Price pressures will mostly become visible later in 2014, the analysts wrote, forecasting that bullion, copper and soybeans will decline to the lowest levels since 2010.

Goldman Sachs

gold prices

iron ore prices

copper prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Domestic Iron Ore Prices Likely to Fall Slightly after a Small Rise Last Week

SHANGHAI, Apr 18(SMM) - The domestic iron ore prices inched higher last week, except for a 50 yuan/mt drop in Tangshan.

time

Apr 18, 2022 16:08

Domestic Iron Ore Prices Likely to Fall Slightly after a Small Rise Last Week

Goldman Sachs Says the Reduction in Global Copper Inventories Will Trigger A Supply Shock

SHANGHAI, Apr 7 (SMM) - Goldman Sachs predicts that copper is unwittingly heading for inventory depletion, and while price action remains modest, fundamentals are tightening.

time

Apr 7, 2022 16:29

Goldman Sachs Says the Reduction in Global Copper Inventories Will Trigger A Supply Shock

Domestic Iron Ore Prices to Stabilise at Lows

On the supply side, a new round of air pollution warnings has been launched in Tangshan city of Hebei, and some beneficiation plants have stopped production.

time

Nov 29, 2021 14:39

Domestic Iron Ore Prices to Stabilise at Lows

Goldman Sachs Ups Likelihood of a Third Fed Rate Hike This Year

Goldman Sachs raised the likelihood of additional interest rate hike by the Fed this year from 55% to 60%.

time

Sep 18, 2017 11:31

Industry Reminder

Goldman Sachs Ups Likelihood of a Third Fed Rate Hike This Year

Goldman Sachs Leaves Gold Price Forecast Untouched by Year-end unless North Korea Tensions Intensify

Goldman Sachs leaves its forecast for gold price by the end of the year unchanged at $1,250 per ounce unless tensions in North Korea intensify, it said in a report.

time

Sep 6, 2017 10:45

Industry Reminder

Goldman Sachs Leaves Gold Price Forecast Untouched by Year-end unless North Korea Tensions Intensify

Goldman Sachs Ups Iron Ore Price Forecast for 2017

Goldman Sachs hiked its forecast for iron ore prices from $67 to $71 per tonne for 2017.

time

Aug 15, 2017 16:26

Goldman Sachs Ups Iron Ore Price Forecast for 2017

Gold likely to average $1,215 an ounce in Q1 2018

BNP Paribas has upwardly revised its outlook for gold on scaled-back expectations for Federal Reserve monetary tightening.

time

Aug 9, 2017 17:06

Gold likely to average $1,215 an ounce in Q1 2018

Scrap gold prices rise, Platinum and Silver steady on Index on 8th August, 2017

The daily scrap gold prices - hallmarked and non- hallmarked increased marginally Tuesday, 8th August on the ScrapMonster Price Index.

time

Aug 9, 2017 16:22

Scrap gold prices rise, Platinum and Silver steady on Index on 8th August, 2017

Govt clarifies about 5 percent GST on Gold, Silver Rakhis

India has announced that Rakhi will not be charged with the Goods and Service Tax (GST) as the Cotton thread is used for Rakhi.

time

Aug 7, 2017 10:10

Govt clarifies about 5 percent GST on Gold, Silver Rakhis

Rising investor interest overshadows Gold physical market

Gold has been rallying in recent weeks, gaining traction above the 200-day moving average, as investor interest recovers from early-month weakness, helping overshadow a softer physical market.

time

Aug 2, 2017 09:48

Rising investor interest overshadows Gold physical market

SMM Events & Webinars

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.