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Expect gold to trade between $1800 and $2000 in next 12 months, says Citigroup's Ed Morse

Updated : November 14, 2020 20:32:08 IST

Ed Morse, global head of commodities at Citigroup expects gold to trade between $1,800 and $2,000 in the next 12 months.

He said crude oil could move into the $50 per barrel range by the middle of next year. However, he expects crude oil demand to reach the pre-COVID levels by 2022.

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