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PRECIOUS METALS HIGHLIGHTS : Top Stories Of The Day

07/03/2012| 10:50am US/Eastern
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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.

 
MARKETS: 
 
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.

 
 
- Write to Jaya Matta at jaya.matta@dowjones.com 
 

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