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HSBC: ‘Yes’ Swiss Vote Would Support Gold; ‘No’ Vote Neutral For Prices

A “yes” vote on an upcoming Swiss referendum would support gold prices while a “no” vote would be neutral, says HSBC. This weekend, Swiss voters go to the polls for a referendum that would mandate the Swiss National Bank hold 20% of ...

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Next Week’s OPEC Meeting, Eurozone Data Gives Gold Much To Consider

The gold market has a full plate next week: there’s a major meeting of the Organization of Petroleum Exporting Countries, inflation data out of the eurozone, and a major holiday in the U.S. to keep volatility high. Gold could see some mercurial ...

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HSBC Sees Gold Ranging From $1,150 To $1,350 For Rest Of 2014

HSBC said Tuesday it sees gold trading in a range of $1,150 to $1,350 an ounce during the remainder of 2014 in a market “searching for a new equilibrium” with a number of offsetting factors. The bank left its 2014 average price ...

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TD Securities Lifts Gold, Palladium Price Forecasts, Cuts Silver

TD Securities increased its 2014 gold and palladium price forecasts, while cutting their outlooks for silver and platinum. The Canadian bank increased its third quarter estimate for gold by $35 an ounce to $1,295 and its fourth quarter estimate by $15 to $1,265. They ...

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