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

Gold prices to stay depressed for second year in 2014: poll

Posted on 25 October 2013

Gold should stay mired at lower levels in 2014 after posting its first annual loss in more than a decade this year when investors, emboldened by an improving global economy, sliced holdings, a Reuters poll showed on Thursday.
Prices are unlikely to see significantly more weakness from current levels however as heavy liquidation by investors slows, analysts said. The poll of 22 analysts conducted this month returned an average forecast for gold prices in 2014 of $1,322.50 an ounce………………………………………..Full Article: Source


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