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Commodities Briefing - Categorized | Market Moves, Price Watch more

Commodity prices are likely to stay in a range – Goldman Sachs

Posted on 13 June 2013

Commodity prices are likely to hold in their current range, even as bond and equity markets see large moves, said Goldman Sachs on Wednesday.
The only markets that might see sharper moves are in the agricultural sector, as large grain harvests from North and South America should bring on ample supply and lower prices, barring summer weather scares in North America, the bank said. Goldman retained its year-end outlook on gold, saying prices should trade to $1,435 an ounce………………………………………..Full Article: Source


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