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Precious metals, energy will be best-performing commodities in 2H 2012 – Deutsche Bank

Posted on 05 July 2012

Precious metals and energy markets will have the best price performances in the second half of 2012, but overall commodities are expected to continue to struggle given the risks to growth in the U.S., EU and China, said a German bank in a quarterly research report on Tuesday.
Over next few months, gold prices are likely to be range-bound around $1,600 an ounce, but by the end of the third quarter, Deutsche Bank said that gold could move above $1,700 as “sufficient economic pressure could build to encourage policy makers to respond to support economic growth within the world’s key regions.”……………………………………….Full Article: Source


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