Gold, Copper, and Silver Overtake Other Metals

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Gold, Copper, and Silver Overtake Other Metals

Morgan Stanley continued to rest hopes on gold, copper and silver stating that they would easily overtake other metals, even as bullions moved from strength to strength on account of robust investor demand and large scale central bank buying. Joel Crane and Peter Richardson went on to declare that the policies brought into effect by the Central Bank have encouraged price appreciation of both silver and gold. According to Central Bank estimates, gold would remain at an average of $1,683/ounce this year, with a promise of $1,853 in the next.

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