Gold Investments Market Update - Gold Fell Some 50% in Middle of 1970s Bull Market, Prior to Rising 800% |
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Gold Gold was flat in New York yesterday despite the increasingly bullish macro environment. Gold closed at $803.40 down $1.20 and silver closed at $12.92 down 12 cents. Gold rose in early trading in London but has subsequently given up some of the gains as the dollar has rallied again (1.4456 to EUR). Oil is stronger and remains at the upper end of its recent range ($110.18 a barrel - Light Sweet Crude Oil Future - Combined - OCT08) and this should be supportive of gold. Gold has been in a
Filed under: Fundamental
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