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ANZ downgrades gold forecasts

A STRONGER US dollar and weaker euro has muddied the outlook for gold, according to ANZ Research.

Kristie Batten
ANZ downgrades gold forecasts

After the release of better-than-expected US unemployment data on Friday, gold plummeted 2.7% to $US1164.30 an ounce, its lowest price since November.   Since then, gold has only recovered slightly to...

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