London Gold Market Report |
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High Gold Prices "Here to Stay" as Financial Panic Sees Socialists Fight to Save Capitalism THE PRICE OF SPOT GOLD bounced 1.6% from an overnight low of $860 on Wednesday, steadying at $876 an ounce as Western stock markets ticked higher despite a raft of miserable Eurozone data. Crude oil rose back above $100 per barrel, while long-dated government bonds continued to rise in price, pushing yields still further below the rate of inflation. The Dollar slipped from two-week highs on the currency
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