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

Barclays upbeat on platinum price

Posted on 11 June 2013

Global financial services provider Barclays has forecast a fragile outlook for the gold price this year but is optimistic about a rise in the platinum price in the coming months.
Gold, which had been a front runner among commodities from 2009 until earlier this year, was expected to remain soft with the average price likely to rise 4 percent to $1 500 (R14 969) an ounce, Barclays managing director of commodities and research Kevin Norrish said last week………………………………………..Full Article: Source


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