Gold prices flat in 2012

PRECIOUS metals prices will tread water this year, with gold averaging $US1778 per ounce and silver $34.35/oz, according to GFMS Thomson Reuters.

Gold prices flat in 2012 Gold prices flat in 2012 Gold prices flat in 2012 Gold prices flat in 2012 Gold prices flat in 2012

GFMS Thomson Reuters global head of metals analytics Philip Klapwijk told the Mines and Money conference in Hong Kong that gold and silver would be in slight surpluses in 2012.

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