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Barclays cuts 2012 gold forecast 8% to $1,716/oz

LONDON -(MarketWatch)
Barclays reduced its 2012 price outlook on gold and platinum group metals Thursday following the metals' sharp declines this week and amid concerns over a slowdown in top metals consumer China
The bank has cut its gold forecast for this year by 8% to $1,716 a troy ounce, while reducing its 2012 platinum forecast by 5% to $1,622/oz and its palladium forecast by 12% to $700/oz
Posted by geniopolis.net at viernes, mayo 11, 2012

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