Articles Tagged "gold price"

CPM Group Sees Gold Price Averaging $1,208 in 2015

Bloomberg reported that CPM Group believes the price of gold will fall for a third year in a row in 2015. The firm is basing its prediction in part on the fact that concern about global economies is waning, with safe-haven demand for the yellow metal decreasing as a result.

ANZ: Asian Gold Demand to Double by 2030

Bloomberg reported that according to Australia and New Zealand Banking Group Ltd. (ASX:ANZ), Asian gold demand is set to double by 2030 on the back of higher investment and jewelry demand.