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CORRECTED - TABLE-Reuters precious metals mid-year poll 2008/09

Thu Jul 24, 2008 8:17am EDT
 
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 (Corrects summary data for platinum and palladium)
 LONDON, July 24 (Reuters) - Following are the results from Reuters mid-year precious
metals poll of 40 traders and analysts from around the world that was released on Thursday.
 Averages for 2007, basis closing spot on Reuters charts, were: Gold $696.95, silver
$13.37, platinum $1,303.64, palladium $353.41. 
 All prices are in dollars per troy ounce.
 
 GOLD 2008/2009 PRICE FORECASTS
 
                                  AVG Q3     AVG Q4     AVG 08     AVG 09
 
Mean                                 943.24     947.68     936.36     933.05
Median                               935.00     950.00     930.00     930.00
Highest                             1100.00    1150.00    1056.00    1250.00
Lowest                               850.00     826.00     889.00     775.00
No of forecasts                         31          31         39         36

Analytics Research Corp              947.00     969.00     950.00          -
Barclays Capital                     890.00     847.00     889.00     840.00
Blanchard and Company               1100.00    1150.00    1056.00    1250.00
BMO Capital Markets                  950.00     950.00     930.00     925.00
BNP Paribas                          950.00     900.00     920.00     800.00
Calyon                              1000.00     900.00     930.00     850.00
Citigroup                            900.00     900.00     906.00     950.00
Commerzbank                         1020.00     970.00     965.00     855.00
Commonwealth Bank of Australia       928.00     888.00     909.00     808.00
CPM Group                            965.00     991.00     959.00     998.00
Credit Suisse                             -          -     950.00    1035.00
Deutsche Bank                        925.00     960.00     927.00    1000.00
Dresdner Kleinwort                   975.00     875.00     925.00     775.00
Dundeewealth Inc                     937.50     976.00     934.00    1035.00
EIU                                  885.00     875.00     895.70     848.75
Gold Capital Management Pte          850.00    1000.00    1000.00    1200.00
Goldman Sachs                             -          -     906.00          -
Heraeus                              915.00     945.00     921.00     975.00
Investec                             900.00     875.00     900.00     850.00
JP Morgan Securities                 915.00     915.00     913.00     843.00
Kotak Commodity Services             923.00    1040.00     947.00     975.00
Karvy Comtrade Ltd                   920.00     906.00     913.00     885.00
Lehman Brothers                      950.00    1100.00     970.00          -
Macquarie                                 -         -      950.00    1050.00
Merrill Lynch                       1050.00    1000.00     968.00    1050.00
Mitsui Global Precious Metals        975.00     950.00     955.00     985.00
Mitsubishi Corp Futures              955.00     980.00     950.00     970.00
Morgan Stanley                            -         -      950.00    1000.00
Natixis                                   -         -      940.00     850.00
National Australia Bank              910.00     950.00     920.41     900.00
RBC Capital Markets                  910.00     920.00     910.00     935.00
Runtop                               950.00     826.00     968.00     782.00
Sanford C Bernstein                       -          -     900.07     800.00
SGCIB                                 935.00    965.00     930.00     840.00
Standard Bank                         985.00   1020.00     930.00     990.00
StandardChartered                     925.00    975.00     930.00    1050.00
TheBullionDesk.com                         -         -     976.00     990.00
UBS Investment Bank                   900.00    860.00     895.00     800.00
Unicredit Global Research                  -         -     930.00     900.00
 
SILVER 2008/2009 PRICE FORECASTS
                                   AVG Q3    AVG Q4     AVG 08     AVG 09
 
Mean                                   17.58     17.86      17.71      17.47
Median                                 17.65     17.50      17.50      17.10
Highest                                20.00     22.00      21.00      25.00
Lowest                                 14.60     12.59      15.66      12.30
No of forecasts                           27        27         36         33

Analytics Research Corp                18.50     19.40      18.90          -
Barclays Capital                       14.80     14.20      15.90      13.70
Blanchard and Company                  17.50     18.50      17.00      19.00
BMO Capital Markets                    17.50     17.50      17.44      17.00
BNP Paribas                            18.00     16.75      17.35      14.30
Calyon                                 20.00     17.00      17.92      15.00
Citigroup                              15.00     15.00      16.20      15.50
Commerzbank                            19.50     18.70      18.60      17.10
CPM Group                              18.23     20.41      18.38      20.90
Credit Suisse                              -         -      17.25      19.00
Deutsche Bank                          16.90     17.50      17.30      18.20
Dresdner Kleinwort                     19.00     17.00      18.75      15.50
EIU                                    17.00     16.80      17.15      16.92
Gold Capital Management Pte            18.00     21.00      21.00      25.00
Goldman Sachs                              -         -      17.00          -
Heraeus                                17.50     17.90      17.55      18.75
Investec                                   -         -      17.00      15.00
JP Morgan Securities                   17.20     17.20      17.25      15.75
Kotak Commodity Services               17.69     22.00      18.56      20.00
Karvy Comtrade Ltd                     15.00     14.00      15.85      16.00
Lehman Brothers                        19.00     22.00      20.00          -
Macquarie                                  -         -      19.00      20.00
Merrill Lynch                          19.23     21.15      18.54      20.19
Mitsui Global Precious Metals          19.00     18.65      18.70      18.75
Mitsubishi Corp Futures                18.00     19.50      18.00      20.00
Morgan Stanley                             -         -      17.00      19.00
Natixis                                    -         -      17.85      16.00
RBC Capital Markets                    16.75     16.90      16.75      17.00
Runtop                                 14.60     12.59      15.66      12.30
Sanford C Bernstein                        -         -      17.29      14.00
SGCIB                                  17.65     18.20      17.65      15.50
Standard Bank                          19.00     19.00      18.00      19.00
StandardChartered                      17.00     17.50      17.30      18.40
TheBullionDesk.com                         -         -      18.00      19.00
UBS Investment Bank                    17.00      16.00     17.00      14.40
Unicredit Global Research                  -          -     18.60      20.50

 

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