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Goldman stays neutral on near-term gold prices

Posted on 18 September 2013

Goldman Sachs said it remained neutral on gold prices until the end of this year, citing a recent string of slightly disappointing US economic data and expectations of a “dovish” tapering by the US Federal Reserve.
The Fed, which begins a two-day policy meeting on Tuesday, is widely expected to announce it will begin curbing its $85 billion monthly bond purchases by $10 billion - a smaller reduction than previously anticipated………………………………………..Full Article: Source


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