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

BofA picks copper, gold, silver and pgms as beneficiaries of more QE

Posted on 13 December 2012

A rise in the gold price to $2,000 an ounce by the end of 2013 and copper averaging $7,750/ton by Q4 that year are among the predictions of Francisco Blanch head of commodities research for Bank of America Merrill Lynch.
This is perhaps one of the more optimistic forecasts in a spate of reports from commodity analysts at major banks released at this time of the year – analyses which mostly, in the past, have tended to err on the conservative side………………………………………..Full Article: Source


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