FACTBOX-Revisions to precious metals price forecasts


LONDON, Oct 29 (Reuters) - Gold prices are holding near $1,040 an ounce, consolidating after hitting record highs at $1,070.40 on Oct. 14, boosted by fund buying as fears over the stability of the currency markets have resurfaced. Dollar weakness has been the primary driver of the recent price rise, analysts said, with physical demand still lacklustre as high prices deter buyers. Expectations for further dollar weakness and the prospect of inflation are still firmly underpinning the ...

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