Gold prices forecast to dip in 2014
Alaska production is on track for another robust year; output could surpass state's annual record of nearly 1.07 million ounces
Last updated 4/27/2014 at Noon
GFMS formerly known as Gold Fields Mineral Services) recently announced their outlook for gold prices in the coming months, estimating average 2014 gold prices in the US$1,225 per ounce range.
The price forecast is 13 percent less than the 2013 average of US$1,411/oz. Physical demand, including official sector purchases, came in at an all-time high of 4,957 metric tons in 2013, a 15 percent i...