| Barclays Capital has cutback on their price projections for precious metals like gold and platinum as both these have been behaving like risk assets, the bank's latest report says.
"While the macro backdrop remains positive, gold has behaved closer to risky assets rather than differentiating itself as a safe-haven asset", the bank states while lowering gold price forecast for 2012 to $1716/oz . Platinum has also been forecasted lower at $1622/oz. Gold is also being weighed down by political uncertainty and a fragile physical market, the report added...............................................Full Article: Source
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