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Gold to trade above $2000 by year end: Standard Bank

Walter de Wet, head of commodities research, Standard Chartered Bank, said that demand for valued metals like gold and silver is still high compared to industrial metals like copper, aluminum and zinc. He feels that gold will trade above USD 2000 per ounce, while silver would trade around USD 45before the end of the year.

first published: Sep 5, 2011 02:08 pm

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