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Precious metals on bullish trajectory

Precious metals are on a bullish trajectory but base metals may experience deep corrections in the second quarter, according to Reuters’ latest quarterly technical outlook.

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The outlook predicts a rising spot gold price

The outlook predicts a rising spot gold price

The report said spot gold, today worth US$1,254/oz, could reach $1,374/oz and targeted a spot silver price of $19.34/oz but said the LME copper and aluminium prices were likely to fall. Reuters analyst...

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