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ABN: Gold Price to Fall to Rock-bottom in Next Few Weeks

iconAug 16, 2017 11:04
Source:SMM
Algemene Bank Nederland (ABN) foreign exchange strategist Georgette Boele expects gold prices to fall to $1,200-1,300 an ounce in the following few weeks.

SHANGHAI, Aug. 16 (SMM) – Algemene Bank Nederland (ABN) foreign exchange strategist Georgette Boele expects gold prices to fall to $1,200-1,300 an ounce in the following few weeks, citing a stronger US dollar supported by recent economic indicators from the US. 

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