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Philip Klapwijk’s LBMA Forecast 2010

Philip Klapwijk's Presentation "Will China Overtake India to Become the World's Top Gold Consumer?" at the 4th Annual China Gold & Precious Metals Summit
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Metals Market Commentaries
Monthly Precious Metals Report
(Jun 2014)
Source: ScotiaMocatta
The Gold market looks tired, investors and funds have been less interested and consumers have not yet taken advantage of the price dip.
- The break out of the recent sideways consolidation has weakened the chart picture and highlights weaker sentiment.
- Record high equity markets mean the opportunity cost of holding Gold is high, especially when concerns over geopolitical tensions seem to have waned. ...Full Story
Forecast 2014
Source: LBMA
FORECAST 2014: AN OVERVIEW
Forecast contributors are predicting gold and silver prices to remain broadly flat during 2014, but are more bullish about the prospects for PGMs, forecasting modest increases in price for both metals. ...Full Story
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