Gold will finally bounce back in 2016
after repeatedly hitting five-year lows in recent months, HSBC said in a report
on Wednesday. The bank sees gold averaging US$1,160 this year, US$1,205 next
year, US$1,300 in 2017 and US$1,325 over the long term. It predicts a wide gold
price range of US$1,025-US$1,275 for 2016.
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