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Proactive Investors Australia

Bulls, Bears & Brokers: Martin Place Securities’ Barry Dawes says gold prices to rise even more

Martin Place Securities executive chairman Barry Dawes speaks to Proactive Investors about gold’s big move of almost US$200 an ounce in the past month.

Dawes notes that short covering and dwindling gold inventories in western countries are factors that will continue to send prices upwards.

“As far as I can see it’s all about supply and demand,” he says.

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