HSBC expects gold price to be up 10% by the end of 2015

HSBC, the fourth-largest bank in the world, is predicting that the price of gold will be up 10 per cent by the end of this year and finish the year worth around US $1,225 an ounce. Gold is down six per cent year-to-date. The bank believes Goldman Sachs and other commentators are wrong to say gold will fall in price as interest rates go up....Read More