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Fly News Breaks for July 14, 2016
GOLD
Jul 14, 2016 | 05:36 EDT
Jefferies analyst Christopher LaFemina upgraded Randgold to Buy after his firm increased its gold price forecasts to reflect ongoing elevated macro risk. Investment demand should support the gold price to a near-term peak of at least $1,400/oz, LaFemina tells investors in a research note. He raised his price target for Randgold shares to 10,500p from 6,000p.
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