The gold market may lack a bullish catalyst to drive prices higher, but according to one bank, the precious metal is building a solid floor of support. Commodity analysts at BMO Capital Markets updated their precious metals price forecast ahead of the third quarter, increasing their bullish outlook for gold and silver. The analysts have raised their price forecasts by 5% across the board, as they don’t expect the price to drop below $2,000 an ounce in the next four years. BMO left its long-term forecast unchanged at $1,650 an ounce. In the nearer term, the Canadian bank sees gold prices averaging around $2,263 an ... (full story)