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GFMS tipping $1600/oz gold price by year-end

PRECIOUS metals consultancy GFMS is not expecting gold to slow down this year and believes it could reach $US1600 per ounce late in the year or early next year.

Kristie Batten
GFMS tipping $1600/oz gold price by year-end

GFMS is expecting gold to have a slow start to the year, as already witnessed so far in January, but is not expecting a reversal of the longer term rally. Overnight, gold on the Comex division of the...

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