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Posted by
Two Blokes May 28 -
Filed in
Forex
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3 views
Standard Chartered has trimmed its gold stance to a "core holding," anticipating a near-term consolidation in prices after this year's sharp rally. In a note to clients, the bank said it expects gold to approach USD 3,100 per ounce over the next one to three months, reflecting a familiar pattern of pause following strong gains.
