RE: Berenberg cuts Centamin23 Oct 2020 11:26
Is Berenbergs gold price assumption still 1500 ?
Laurent Kimman, equity research analyst at Berenberg, thinks gold is likely to stay around the $1,500 mark this year, and actually go down to around $1,350 per ounce in 2021 on expectations that rates will not continue to fall. 'The gold price tends to outperform in a rate-cutting environment, like we saw last year.
30 Jan 2020