| Citi Research looks for gold to stabilize for the rest of 2014 and is most bullish on palladium among the precious metals. The bank has revised its forecast to $1,300 gold in 2014, followed by $1,365 next year.
“Essentially we see stabilization in gold prices through this year in a $1,290/oz.-$1,350/oz. range, with stronger physical market activity from retail investors, ETF (exchange-traded-fund) flows and central banks essentially limiting any potential downside moves,” the bank said...............................................Full Article: Source
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