Gold Investments Market Update - Western Central Banks Curtailing Gold Sales and Other Central Banks Buying Gold |
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Gold rose yesterday despite continuing dollar strength and falling oil prices (gold closed at $880.80 up $6.80, while silver closed at $12.71 up 53 cents). Once again in after hours trading there was determined selling which pushed the price as low as $862/oz in Asia prior to rallying in early European trade to over $870/oz. There appears to be good support in the $850/oz to $860/oz region but given
Filed under: Fundamental
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