18.10.2016 - Metals to see buying till Q4, gold may hit $1,300/ounce: SocGen
Metals like zinc and nickel could retain gains due to possible supply side pressures but others like aluminium and copper might slip into negative due to increased supplies, says Robin Bhar of Societe Generale. Metals like zinc and nickel could retain gains due to possible supply side pressures by end of calendar year but others like aluminium and copper might slip into negative due to increased supplies, says Robin. "Copper supplies are expected to increase as more mines open up, while in aluminium idle capacities are expected to come on board," Bhar said........................................Full Article: Source
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