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Reuters reported that Credit Suisse cut precious metals forecasts for 2012.
Reuters reported that Credit Suisse cut precious metals forecasts for 2012.
As quoted in the market news:
Credit Suisse lowered its silver price forecast to $32.80 per ounce from $33.70 for 2012, adding that the metal should perform well, benefiting from both a rising gold price and an improvement in risk appetite.
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| Commodities | |||
|---|---|---|---|
| Gold | 2312.29 | -21.10 | |
| Silver | 27.05 | -0.26 | |
| Copper | 4.46 | -0.05 | |
| Oil | 82.26 | +0.36 | |
| Heating Oil | 2.58 | +0.01 | |
| Natural Gas | 1.79 | 0.00 | |
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