Precious metals Watch – Sell-off in precious metal prices not over yet
PublicationNatural resources
In this publication: Gold prices have dropped by 9% since last week; other precious metal prices down 30%. But there is more weakness to come. Lower jewellery, industrial and autocatalyst demand. Risk off environment to continue and we expect the dollar to rally by around 5%. New gold price forecast for Q2 is USD 1,300 per ounce (was USD 1,450)
