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Gold May Climb as Concerns About Greek Default Fueling Safe-Haven Appeal
Jun. 20, 2011 09:45PM PST
Precious MetalsBloomberg reported that Greek debt default concerns may cause gold prices to increase.
Bloomberg reported that Greek debt default concerns may cause gold prices to increase.
The market news is quoted as saying:
Gold prices may average 3 percent more in 2012 at $1,550 an ounce, driven by strong global investment and jewelry demand in developing economies, an Australian government agency said.