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BlackRock bullish on gold equities

BlackRock believes gold equities are like a ‘coiled spring’, ready to deliver value for investors in 2012. Long term fundamentals in the gold market appear supportive of prices, driven by constrained supply and rising demand. In 2011, demand from central banks has far exceeded market expectations, at 359 tonnes to 30 November which, together with record levels of gold ETF…

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