Gold: 12-month price forecast cut to $1,325 from $1,450 – Goldman Sachs

In its latest client note on the outlook for commodities, analysts at Goldman Sachs revised lower its gold-price forecasts.

Key Details:

Revised its 12-month gold price forecasts to $1,325/toz from $1,450/toz.

3-month projection is $ 1250 while 6-months target slashed to $ 1300.

Dollar unlikely to derail its bullish view on commodities.