Citi Lowers 2013 Gold Forecast, Raises Platinum View

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Citi lowered its forecast on gold prices for 2013, but lifted its outlook on the platinum price. The bank lowered its 2013 average gold price view by 4% to $1,675 a troy ounce. However, it lifted its platinum price view by 1.5% to $1,700/oz and its palladium forecast by 4.2% to $775/oz.
Posted In: NewsCitigroup
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