Iron Ore's Rally Stalls as Goldman to Citigroup Forecast Retreat

  • `The rally is there to be sold,' UBS's Wayne Gordon says
  • Iron's advance ``will likely prove temporary,' Goldman says

Iron ore’s rally stalled on Tuesday after a record 19 percent advance a day earlier as banks from Goldman Sachs Group Inc. to Citigroup Inc. together with some of the largest miners said that the surge wasn’t likely to endure.

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