HSBC: ‘Died down’ ETF outflows to push gold price back above $1600 – MINING.com

MINING.com HSBC: 'Died down' ETF outflows to push gold price back above $1600 MINING.com James Steel, chief commodities analyst at HSBC in New York, is holding his positive line on the price of gold and forecasts a rise to $1,600 an ounce in the second half of the year. Steel said in a Bloomberg interview two opposing forces are keeping … HSBC cuts platinum outlook after gold pressures pricesEconomic Times Recent Gold Slump Triggers Buying That Could Send Metal To $1600 by year … -