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PRECIOUS METALS

Bearish outlook for gold

A French investment bank expects gold to fall back towards $US1000 an ounce next year.

Kristie Batten
French investment bank Natixis says gold may fall back towards $US1000 an ounce next year.

French investment bank Natixis says gold may fall back towards $US1000 an ounce next year.

Gold reached $1302/oz in January buoyed by Greek debt concerns and the tensions in the Middle East and Ukraine. Now that the focus is back on the US economic recovery, Natixis expects the prospect of...

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