TeleTrade - Analytics

    TeleTrade

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    16.02.2016 06:02 Gold declined

    Gold fell to $1,196.40 (-3.47%) as risk appetite and higher stocks decreased demand for the precious metal. Goldman Sachs said it expects prices to decline further with a three-month target of $1,100 per ounce, while a 12-month target stands at $1,000. Some analysts say that the latest declines were inevitable after a fast increase last week.


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