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Deutsche Bank announced that it maintains the bullish outlook for precious metals. The bank expects the gold to average at 1,800 US Dollars per ounce in Q2 and at 1,900 US Dollars per ounce in Q4. At the same time, silver price is likely to hit 34 US Dollars per ounce and 40 US Dollars per ounce in Q2 and Q4, respectively. Other precious metals like platinum and palladium are projected to attain 1,500 and 670 US Dollars per ounce in Q2 and 1,650 and 770 US Dollars per ounce in Q4, respectively.