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Wednesday, October 6, 2010

Morgan Stanley updates gold forecast

Wednesday, October 6, 2010
Morgan Stanley updates gold forecast Morgan Stanley revised gold and copper 2011 forecast to the upside due to the decline in the value of the dollar against majors along with the expected supply constrains. Other equities such as Xstrata PLC and Kazakhmys PLC were also revised to the upside.
“Accelerating weakness in the U.S. currency, driven by fears of renewed quantitative easing to

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