Goldman Sachs
Goldman Sachs forecasts aluminum price per tonne for 2008
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Goldman Sachs forecasts aluminum price at $US 2,490 per tonne in 2008
Commodity analyst:
Goldman Sachs, Dec 2007
Aluminum price factors:
Goldman Sachs predicts silver price at $13.70 per toz in 2008
Commodity analyst:
Goldman Sachs, Dec 2007
Silver price factors:
- rising supply
- demand concern due to US economy slowdown
Friedman, Billings, Ramsey Group, Inc. forecasts oil price at $80 (2008) and $85 (long term)
Commodity analyst:
Friedman, Billings, Ramsey Group, Inc; Dec 2007
Oil price factors:
- limited supply from OPEC countries,
- rising demand from emerging markets
Goldman Sachs forecasts oil price to average $95 in 2008 reaching $105 by the end of 2008
Commodity analyst:
Goldman Sachs, Dec 2007
Oil price factors:
- limiting supply from OPEC countries,
- strong demand for oil from China, India and the Middle East,
Goldman Sachs reduces 2008 gold price outlook to $750
Commodity analyst:
Goldman Sachs, Dec 2007.
Gold price factors:
- slowing global economic activity and strong U.S. dollar will downgrade gold’s price,
