OXR oxiana limited

huge upside...(gold forecast $440-$480)

  1. 9,240 Posts.
    1113 [Dow Jones] UBS getting close to its 1-month target for gold of $420/oz,
    while EUR-denominated gold higher than it expected, due to risk aversion buying
    past 2 weeks. But it says it's not inclined to increase its short-term forecast
    for gold; reiterates its 3-month and 12-month forecasts of $440 and $480/oz,
    based on expectations for a weaker USD, rather than because of security concerns.
    (CTA)
 
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