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Deutsche Bank Cuts Gold Forecasts up to 22% as Bulls Temper View

Newseze Wire·Tue, Jun 23, 4:06 AMWire: Bloomberg Markets
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Deutsche Bank Cuts Gold Forecasts up to 22% as Bulls Temper View

Deutsche Bank AG reduced its gold-price forecasts by as much as 22%, as investors become more wary about the outlook for US monetary policy and investment demand for the precious metal dries up.

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Deutsche Bank AG reduced its gold-price forecasts by as much as 22%, as investors become more wary about the outlook for US monetary policy and investment demand for the precious metal dries up. The story falls into Newseze's markets desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: Bloomberg Markets.
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