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Gold outlook splits traders weighing stimulus gains: Commodities

Posted on 01 March 2013

Gold traders are divided on the outlook for prices, balancing central bank concern that more economic stimulus is needed against signs of recovering growth that spurred the longest run of monthly losses since 1997.
Fifteen analysts surveyed by Bloomberg expect prices to gain next week, while 14 were bearish and three were neutral. They were mostly negative the previous two weeks and evenly split the week before that. Bullion fell for a fifth straight month in February as investors sold the most metal ever from exchange-traded products, data compiled by Bloomberg show………………………………………..Full Article: Source


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