Citi Lowers 2013 Gold Forecast, Raises Platinum View
Posted on January 22, 2013 at 01:36 AM EST
Citi lowered its forecast on gold prices for 2013, but lifted its outlook on the platinum price. The bank lowered its 2013 average gold price view by 4% to $1,675 a troy ounce. However, it lifted its platinum price view by 1.5% to $1,700/oz and its palladium forecast by 4.2%