Until the end of this year, gold will fit up to 1300 USD for ounce, and in 2014 it will cost no more than 1250 USD

According to the forecast of a large New York investor, by the end of 2013, the cost of Troika ounce of gold will fall to $ 1300, and in the spring of 2014 they will be given less than $ 1250 for it. ITAR-TASS writes about this today.

According to an unnamed trader, his forecast is based on a leak of information from the analytical department of the largest metals merchant - Goldman Sachs Bank. In this case, short -term investments in the purchase of precious metals are extremely risky and can cause serious losses.

Investment projects for a more distant perspective can be justified only with the beginning of a confident rising trend for gold.

Today, the cost of troika ounce of gold on Wall Street is 1340 - 1350 US dollars.

Alexey Mordashov today in an interview for Bloomberg confirmed the negative forecast of gold prices.

Recall that Russia in the first four months since the beginning of 2013 significantly increased the production and production of gold, mainly due to its secondary production. The total amount of precious metal obtained by Russian manufacturers from January to April inclusive amounted to 49.133 tons, which is 8.3 percent higher than the APPG-2012.