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Banks 2012 Target Price on Gold

Banks 2012 Target Price on Gold

 

Many Banks are still very bullish on gold this year. Here is a list of some of the targeted projections for the year.

Morgan Stanley: $2,200 per ounce  

Morgan Stanley lists gold among its ‘favorite longs’ in the commodity complex for 2012 and forecast prices of $2,200 an ounce. ‘We believe the defensive nature of gold, and silver to a lesser degree, will create significant investment demand as investors look

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