Increased economic uncertainty and declining metal stocks are expected to drive gold and copper prices this year, Fitch Solutions commodities analyst Sabrin Chowdhury stated during a webcast on Wednesday. She noted that the expected rebound in gold was “already playing out” and that the price should reach 2013 highs, averaging around $1 300/oz this year, with investment flows into safe haven assets increasing as dollar strength, market volatility and the trend toward protectionism continues.
