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Commodities Briefing - Categorized | Bullion/Gold, People, Trading more

Gold bulls expand as billionaire Paulson buys metal

Posted on 20 August 2012

Gold traders are the most bullish in six weeks as investors boosted their bullion holdings to a record on concern that economic growth is slowing and after billionaires John Paulson and George Soros bought more metal.
Fourteen of 26 analysts surveyed by Bloomberg expect prices to rise next week and six were bearish. A further six were neutral, making the proportion of bulls the highest since July 6………………………………………..Full Article: Source


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