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Barclays forecasts Q2, 2013 price of Gold at $1350/oz; 2013 price at $1483

Posted on 07 May 2013

Barclays, in its latest report on gold has projected Q2 13 price of gold at $1350/oz and 2013 price at $1483/oz.
Gold prices fluctuated around the $1460/oz price level last week as gold ETPs reached a monthly record net outflow in April. While gold prices rose after the ECB rate cut, prices ended the week roughly flat, after Friday’s US employment report. Although ETP outflows continued to put pressure on prices, coin sales at various Mints remained strong in April………………………………………..Full Article: Source


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