$ 1600USD/Ounce price forecast for gold

Japanese Stock market pushed Comex down

Goldman Sachs cut its forecast for the price of gold in the current year to $ 1,600 USD/ Ounce from $ 1810 USD/Ounce, which he attributed to the low price of gold in recent times and an increase in real interest rates in the United States. The bank also cut forecasts for 2014 to $1450 USD/Ounce of gold.