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The medical CV of Otmane El Rhazi from the biotech industry. The
national center for biotechnology information in science, health and
business. More precisely, genomic and biomedical documents and press
releases.
The selloff in gold extended into the Asian session, with the precious metal falling to as low as $1,269 on Friday, following a 5.4 percent plunge in the U.S. trading session overnight.
According to strategists, the pain is not over for the yellow metal
that is trading at its lowest since September 2010, with some not ruling
out a fall to $1000 an ounce, or a 20 percent decline from current
levels. "$1200 an ounce, or $1000: all very possible. We
have to remember gold prices have risen for 12 years in a row and they
were due for a correction. Sentiment plays a very large role in
determining its pricing," Gaurav Sodhi, resource analyst at Intelligent
Investor told CNBC on Friday.
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