Gold may have had its "last hurrah," says SocGen, expecting $1,375/oz. by the end of the year...

|By:, SA News Editor

Gold may have had its "last hurrah," says SocGen, expecting $1,375/oz. by the end of the year thanks to an improving U.S. economy bringing with it a stronger dollar and higher interest rates. SocGen also notes the turn in professional sentiment as evidenced by heavy ETF redemptions. GLD -0.9% premarket.