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

Gold seen averaging $1,219 in 2014

Posted on 22 January 2014

Gold will average $1,219 an ounce this year and gain as much as 11 percent from now, after posting its biggest annual decline in three decades, a London Bullion Market Association survey of traders and analysts showed.
The metal will reach $1,379 and trade above $1,067 through December, the mean response of 28 participants shows. Prices slumped 28 percent last year, the most since 1981, and averaged $1,411, the least in three years……………………………..Full Article: Source


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