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North Americans bullish on Aussie gold stocks

Analysts from Morgan Stanley and Canaccord Genuity have upgraded price targets for most of the Australian gold producers under their coverage.

Kristie Batten
Image: iStock/Vitoria Holdings LLC

Image: iStock/Vitoria Holdings LLC

Gold futures rose as high as US$1,760 an ounce this week, close to seven-year highs, and remain at about $1,750/oz. Morgan Stanley said the current price was above its June quarter bull-case forecast...

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