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Gold Prices to Hit $5000

Tue 14 Jun 11 | 09:20 PM ET
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Gold Prices to Hit $5000

Tue 14 Jun 11 | 09:20 PM ET
Gold prices may hit $5000, says Yan Chen, head of metals and mining at Standard Chartered. He foresees potential production shortfalls as more central banks turn from being net sellers to buyers of gold, pushing the supply-demand balance out of kilter.
 
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