PRECIOUS METALS HIGHLIGHTS : Top Stories Of The Day
07/03/2012| 10:50am US/Eastern
Deutsche Trims 2012 Gold Forecast But Expects Rally In 2013
Deutsche Bank AG (DB) has trimmed its 2012 gold forecast slightly but said it expects the market to set a new record high next year and rally above $2,000 a troy ounce as the potential for policy action later in the year increases significantly.
STORIES OF INTEREST:
ZKB ETF Gold Holdings Up 1.1% Since June 21; Silver Up 0.1%
LONDON--Gold holdings in the exchange-traded fund of Zurich Cantonal Bank, or ZKB, rose 1.1% between June 21-July 2, according to ZKB data Tuesday.
Gold Fields KDC Mine Remains Shut, Fire Investigation Continues
JOHANNESBURG--Gold Fields Ltd. (GFI), South Africa's second largest gold producer, said Tuesday that its KDC mine remains closed following a fire that broke out underground over the weekend and left five workers dead.
PRECIOUS METALS: Comex Gold Rises on Central Bank Easing View
NEW YORK--Gold futures rose on Tuesday as traders bet that more monetary easing from central banks could be in the cards after the latest round of disappointing global economic data.
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