Gold sidelining platinum/palladium, may hit $1 800/oz by Christmas --
Gold is sidelining platinum and palladium and could hit $1 800/oz by Christmas, says UBS bullion bank precious metals strategist Dr Edel Tully, who describes the present as ``an extremely exciting time'' to be in precious metals.
Gold held near $1,200 an ounce on Friday as some buyers were tempted back to the market by the metal's fall to six-week lows as the dollar softened, but recovering risk appetite is undermining its haven appeal.