An analysis conducted by UBS, an investment banking firm, indicates that the current correction in the price of gold is merely technical and won’t last given that the fundamentals of the market remain strong. They say the precious metal will soon resume its upward momentum.

Given the way the Swiss bank is bullish on gold and what has so far been witnessed in the market, mining companies like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) can look forward to greater…

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