Gold gains ground, eyes psychological resistance at $845 |
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London, 29 August 2008 - The precious complex closed Thursday with only modest gains after better than expected economic data curbed the metals challenge of the technical and psychological $845 level. EUR/USD traded to a high of 1.4809 before reversing course as revised growth proved stronger than expected. The Eurozone currency settled at 1.4703 and has edged higher this morning ahead of busy day for economic data, with the release of European CPI, Consumer Confidence & Unemployment as
Filed under: Fundamental
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