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Natixis sees gold price falling to $4,100 by year-end, but three scenarios remain in play

(Kitco News) - Gold prices could remain under pressure through the end of the year as rising oil prices, persistent inflation and higher interest rates take their toll on the precious metal, but Natixis believes the outlook could diverge dramatically depending on how the conflict surrounding the Strait of Hormuz evolves.In its latest gold report, Bernard Dahdah, Precious Metals Analyst at Natixis, laid out three scenarios for the precious metal, ranging from a drop to $3,500 an ounce in a bearis
(Kitco News) - Gold prices could remain under pressure through the end of the year as rising oil prices, persistent inflation and higher interest rates take their toll on the precious metal, but Natixis believes the outlook could diverge dramatically... [4347 chars]
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