Gold Forecasts for 2015 – Scotiabank Mining Panel

(Before It's News)

A round-up of views on what will drive gold in 2015.

by Kip Keen
Mine Web

HALIFAX, NS (Mineweb) – The most direct question to Scotiabank’s gold panel came from the audience at the end of a wide-ranging discussion of the gold market at the bank’s recently held mining conference: where would the price of gold go by the end of 2015?

Most of the panel cringed at the request, but nonetheless made their wagers (or almost so).

Andy Montano, ScotiaMocatta director, went first. “If I give you a forecast, I guarantee you one thing it will be wrong,” he said.

Still, he added, “I would say right where we are now.”

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