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Bottom in sight for gold?

Some banks expect it to hit US$1,300 in Q4, with the rise mostly after "the cathartic effect of the first (US) rate hike"

While some see gold climbing this year, data provider Markit pointed out that US$1.8b was pulled from gold ETFs in the first three weeks of March, wiping out most of the inflows recorded so far in 2015.


AMID the overhang of rising interest rates, optimism for gold is picking up.

Some now expect the bear market to end this year, with the price of the yellow metal seen rising and leaving behind two straight years of decline.

Standard Chartered expects gold to reach

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