Dec. 30 (Bloomberg) -- Gold may average 5 percent higher next year and trade above $450 an ounce as a weakening dollar increases the metal's appeal as an alternative investment and mine supply shrinks, said Australia & New Zealand Banking Group Ltd.
In other metals, ANZ forecasts average copper prices will rise 3.9 percent next year to $1.34 a pound ($2,955 a metric ton)
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