The average realised gold price in the first quarter of 2013 was $1 620/oz compared with $1 696/oz in the same quarter of 2012, the average realised copper price was $3.58/lb versus $3.73/lb in the first quarter of last year and the average realised …
HSBC also cut its 2013 silver price forecast to USD 26 per ounce from USD 33 and the 2014 price outlook to USD 27 per ounce from USD 31 earlier. The bank said factors limiting price appreciation for silver were likely to be growing mine output.
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