XAUUSD Target “$2700” …. This week, HSBC joined the likes of Goldman Sachs and Bank of America in raising its price target for the yellow metal, citing the trend of robust central bank buying in recent years.“Steep and sustained corrections below $3,000/oz., say to near or below $2,700/oz., could trigger speculative liquidation but also revive physical demand and encourage central bank purchases,” HSBC said.
Source : Mining.com
