London Gold Market Report |
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Gold Holds Tight in Thin Trade as Stock-Markets' Summer Vacation Begins with Fresh Losses THE SPOT PRICE OF GOLD held inside a tight $5 range early Monday while the finance industry's summer vacation kicked off with a fresh drop in world equities. Crude oil bounced $1.50 after losing 17% so far this month. The US Dollar fell to a three-session low vs. the Euro. Government bond prices rose as investors sought the safety of fixed income, pushing two-year US municipal bond yields two basis points
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