HSBC Global Research

Gold, Silver will be steady: HSBC Global Research
12 June 2008 05:55:24

Following is a report from HSBC Global Research and their team's projections for average gold and silver prices for the short and medium term.

The good news is that all of the projected averages represent an increase above previous forecasts.

However, even with such allowances, the numbers came in as follows:

GOLD - 2008 $915
2009 $850
2010 $725
beyond $600

SILVER- 2008 $17.25
2009 $15.50
2010 $14.00
beyond $12.00


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