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Jeff Williams | Mortgage Expert
Dominion Lending Centres Liberty Financial

Banks 2012 Target Price on Gold

Banks 2012 Target Price on Gold


Many Banks are still very bullish on gold this year. Here is a list of some of the targeted projections for the year.

Morgan Stanley: $2,200 per ounce  

Morgan Stanley lists gold among its ‘favorite longs’ in the commodity complex for 2012 and forecast prices of $2,200 an ounce. ‘We believe the defensive nature of gold, and silver to a lesser degree, will create significant investment demand as investors look

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