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Experts warn gold is overvalued

Procurement Leaders Network
Market experts have warned that gold is overvalued. The BofA Merrill Lynch Survey of Fund Managers for August noted that, in July, the net percentage taking the view that the commodity price of gold was overpriced view dipped to a net 17%. But with gold hitting new highs on global markets, a net 43% of August's panel believes the mineral is now overvalued.
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