London Gold Market Report |
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Gold Outpaces Euro's Sharp Bounce as US-Russian Saber Rattling "Supports Precious Metals" THE SPOT PRICE OF GOLD added to its overnight rally early in London on Wednesday, hitting a three-session high above $834 per ounce as the US Dollar slipped on the currency and commodity markets. Crude oil added 1% after two US cutters delivered emergency food & water supplies to Georgia, but landed their supplies away from the Russian-controlled Black Sea port of Poti – a decision "taken at the
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