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Bullish on oil; gold may see $2000/oz in 2012: Barclays Cap

A lot of geo-political tensions have pushed up crude prices. Amrita Sen, Barclays Capital sees Brent around USD 110 per barrel in Q1 and USD 118 per barrel in Q2. “The average for the year is USD 115 per barrel. Oil would be one of our top picks,” she adds. She expects gold prices to edge up in the coming months.

first published: Jan 6, 2012 02:40 pm

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