11.01.2013 - Barclays Capital looks for gold to average $1,778/oz In 2013
Barclays Capital looks for gold to rise in 2013 although at an average price of $1,778 an ounce that is less than what the bank was calling for prior to Christmas. Back in mid-December, Barclays was forecasting an average of $1,815 for this year. “Lack of conviction has tainted gold price action, and gold has struggled to establish its identity as a safe haven asset, instead rallying amid a risk-on environment,” the bank said in a fresh research report Thursday...............................................Full Article: Source
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