Commodity Trade Mantra
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Posts Tagged ‘Metals Focus’

Gold likely to reach Four-Year Low in 2014

Metals Focus Consultancy: Gold prices have probably peaked this year and could sink to their lowest since 2010 at $1,100 an ounce as the US economic recovery gathers pace. Western investors tend to set the price, while physical markets react to it. Also expect silver prices to average just under $20 an ounce this year.

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