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Goldman Sachs picks up gold coverage

GOLDMAN Sachs has initiated coverage of major gold miners Barrick Gold, Placer Dome and Newmont Mining, according to a report from New York.

Michael Quinn
Goldman Sachs picks up gold coverage

Reuters said the coverage was based on the big brokerage's assessment of weakness in the US dollar and low interest rates as being favourable for gold prices. Goldman has forecast an average gold price...

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