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This was in October, when the recession caused sterling to fall. But he feels that the pound now reflects post-recession levels, and there is no reason for prices to fall further. He also estimated that the UK recession might end and that sterling could rise. His data have also shown that the price drop has stopped, and he sees it as a signal that price increases will begin. So he decided to buy the pound. Jeffrey Currie of Goldman sachs analyst and Michael Hinds, wrote in the latest report, the next three months, six months and 12 months of gold prices were at $1225 an ounce and $1200 an ounce and $1225 an ounce. In 2017, we have seen: Maintain a "buy" rating