Patricia Mohr, Bank of Nova Scotia’s vice president of economics and commodity market specialist, has received the 2012 Metal Bulletin Apex awards for the top gold and overall precious metals price forecasts.
“This success is a tribute to Scotiabank’s leading position in financing the global mining industry and in making a market in gold and precious metals,” said Mohr.
Established by
London, England-based Metal Bulletin more than two years ago, the Apex program tracks and recognizes the most accurate price forecasters in base and precious metals. Mohr received top honours for her gold forecast, which she estimated with 99.63% accuracy.
The Scotiabank Commodity Price Index — a U.S.-dollar based index of key Canadian commodity prices in export markets was first introduced by Mohr in 1987. The index is the first of its kind and is designed to track commodity prices of interest to Canadians and Canada’s resource producers.
Scotiabank (TSX:BNS) provides clients with in-depth research into the factors shaping the outlook for Canada and the global economy, including macroeconomic developments, currency and capital market trends, commodity and industry performance, as well as monetary, fiscal and public policy issues.