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GFMS: 2017 Gold price forecast at $1259 per oz

On Thursday, Gold Fields Mineral Services (GFMS) published its latest forecast report on gold, providing detailed insights on the metal's outlook this year.

Key Highlights:

2016 physical gold demand fell 20% to 3,349t, hitting a seven-year low

Gold market surplus the biggest this century

GFMS 2017 gold price f/cast $1259 per oz

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