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Barclays expects gold prices to struggle in 2014

Posted on 10 January 2014

Barclays on Thursday introduced its 2014 average price forecast for precious metals, and said it expects gold prices to test 2010 lows this year. The bank forecast the 2014 average gold price at $1,205, silver at $19, platinum at $1,539, and palladium at $768 per ounce.
“From both macroeconomic and underlying fundamental perspectives, gold is likely to struggle to find supportive catalysts in 2014,” Barclays analyst Suki Cooper said in a note to clients……………………………..Full Article: Source


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