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

Gold price “going against” bearish forecasts, analysts raise targets

Posted on 21 February 2014

Gold Price forecasts are being raised by some analysts but remain highly cautious after the metal began 2014 “going against” their bearish consensus. “Gold has started to shed its stigma, if slowly,” says Dr.Edel Tully, precious metals strategist at Swiss investment and London bullion bank UBS.
Becoming “either the favourite asset to short or ignore completely” in 2013, she says, there is now a shift on sentiment towards gold investment amongst larger money managers………………………………………..Full Article: Source


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