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Gold to fall in near-term, will see $2000/oz by '12: Nomura

According to Anthony Morris of Nomura Intl, the fall in gold is due to massive selling by hedge funds to cover their losses in other markets. However, he believes that it may reach USD 2,000 per ounce by 2012.
Experts interpret Japan disaster impact

As Japan grapples with the worst disaster since World War II, majority of experts believe that this may not hamper the stock markets globally in a big way. However, Japan might take some time to stabilise and recover.

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Nomura International Plc

Gold to fall in near-term, will see &#36;2000/oz by '12: Nomura

Experts interpret Japan disaster impact

Gold to fall in near-term, will see $2000/oz by '12: Nomura