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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

BNP Paribas expects gold prices to average $1,730 an ounce in the fourth quarter

Posted on 17 October 2011

BNP Paribas cut its gold price forecasts for 2011 through 2013, following the recent pullback in the precious metal’s prices and said a further correction may be possible in the near term.
The brokerage said another episode of extreme risk aversion in the short term could potentially see gold correct further from its current level, as its sales offset losses in other asset classes……………………………………….Full Article: Source


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