Abn amro believes that after a strong 2017, precious metals will face many headwinds at the start of 2018. The bank said rising dollar and bond yields would put downward pressure on gold and silver prices in 2018. Gold is expected to trade between $1,200 / $1,250 an ounce next year. This sharp reversal contrasts with the flattening of the previous yield curve. 2. The factory system period