各社さまざま・・・

ゴールドの長期見通し、過度に強気とは流石にいかないようです。
ＧＳ、ＵＢＳが最近出した見通しを。
ＵＢＳはＰＧＭについては楽観的に見ているようです。
パラジウムは強含み推移だろうっていうニュース、わりと最近よく見かけますね。

Goldman Maintains Its 12-Month Gold Price Forecast Of $1,940/Oz
(Kitco News) - Goldman Sachs is maintaining its outlook for gold prices, forecasting the yellow metal at $1,785 an ounce in three months, $1,840 in six months and $1,940 in 12 months, citing subdued U.S. economic growth and further quantitative easing by the Federal Reserve later this year. “We acknowledge, however, that continued strong U.S. economic data poses growing risk to our forecast for rising gold prices. Net, we reiterate our view that at current price levels gold remains a compelling trade but not a long-term investment, and we continue to recommend a long position in December 2012 Comex gold futures,” they said.

UBS Positive on Palladium, Platinum, Iron Ore Over Three Months
UBS AG has positive outlooks on palladium, platinum and iron ore over the next three months, according to an e-mailed report. There were “subdued price outlooks” for gold, zinc, thermal coal, uranium and alumimum, and “downside risks” for copper and nickel, UBS said.

UBS Lowers Its 2012 Gold Estimate To $1,680/Oz; Leaves 2013 Estimate At $1,725/Oz(Kitco News) - UBS lowered its 2102 average gold price estimate to $1,680 an ounce, down from the previous figure of $2,050, the bank said, reflecting the recent swoon in prices.
It left its 2013 average estimate for gold at $1,725. Its silver 2012 average price outlook was lowered 4% to $33.40 an ounce, with its 2012 estimate of $27.50 left unchanged. The bank raised its platinum average price estimate for 2012 to $1,700 an ounce from $1,675 and left its 2013 average estimate at $1,900. The palladium forecast was increased by 5% to $725 an ounce for an average price in 2012; the 2013 price estimate was not changed from the previous forecast of $850.
“A continuing U.S. recovery, material erosion in Fed quantitative easing expectations, rising Treasury yields, a stronger dollar and questions surround the durability of the Fed’s low-until-2014 rate pledge all combine to act as the prime culprits that cause us to pare back, for now, our previously aggressive call” on gold, UBS said Thursday in a research note dated Wednesday.
While the bank as reduced its gold price expectations for now, this is not a “sea-change in our core view,” they said. Gold prices are expected to be weaker in the second quarter, but they expect a sharp rise in gold prices in the second half of 2012.
For the near-term, gold will have more competition with growth-orientated asset classes, they said.
“For us to start thinking that the multi-year bull run is under threat, we have to be sure that the US economic data is not going to roll over and that credit stresses won’t emerge again a few months down the line. And on that likelihood, which markets started to price-in in March, we’re not fully convinced. If they did, the emergence of a deflationary environment would likely push the monetary authorities to reflate, which would be very gold-positive,” they said.