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BNP Paribas cuts 2013 gold, silver price forecasts
January 31, 2013 / 4:33 PM / 5 years ago

BNP Paribas cuts 2013 gold, silver price forecasts

REUTERS - BNP Paribas on Thursday lowered its 2013 price forecast for gold to $1,790 per ounce from $1,865 and for silver to $34.10 per ounce from $39.05.

A GV Gold worker holds out gold dore nuggets produced at the Golets Vysochaishy mine in eastern Siberia September 28, 2012. REUTERS/Clara Ferreira Marques/Files

The bank raised its 2013 price outlook for platinum to $1,740 per ounce from $1,705 and for palladium to $800 per ounce from $780, saying supply issues for the metals were supportive of prices.

Reporting By Shruti Chaturvedi in Bangalore; Editing by Gerald E. McCormick

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