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Gold still riding the bull, but the end is in sight: GFMS

PRECIOUS Metals consultancy GFMS says $US1000 an ounce is an over-optimistic target for gold although the yellow metal should rally by the end of the year to around $940/oz. However, a global economic recovery from 2010 will spell the end of gold’s bull cycle.

Kate Haycock
Gold still riding the bull, but the end is in sight: GFMS

Speaking at the 2008 Excellence in Mining and Exploration Conference in Sydney, GFMS precious metals analyst Cameron Alexander said the bull market in gold looked set to continue – but could well be entering...

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