Gold seen rising to $ 1350 in the next 12 months – Goldman Sachs

In its latest client note, analysts at Goldman Sachs upped the gold price forecasts for the next 12 months.

Key Quotes:

“Gold to head up to USD 1350 / ounce within 12 months.

The investment bank looking for flows into gold ETFs to grow next year on account of the late-cycle demand.”