| From Business24-7.ae: Gold and precious metals have already factored in the economic woes of the European Union, and the dip in their prices has more to do with the strengthening summer which traditionally pulls down bullion demand every year, Dubai-based commodities analysts said.
One of the most prominent Dubai-based traders dealing in precious metals said that prices will grow steadily this week, oscillating between $1,160 (Dh4,260) and $1,200 an ounce in the medium term, and may touch a new high an ounce – beyond the recent $1,249 – in the third quarter when physical demand for the metal picks up..............................................Full Article: Source
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