London Gold Market Report |
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Gold Falls with Euro, Stocks, Oil & US Jobs; Bonds Rise Despite "Gold Friendly" Inflationary Bail-Out SPOT GOLD PRICES fell hard into the Wall Street opening on Friday, losing 2% to reach a new two-week low of $824 an ounce as Asian stock markets closed sharply lower. European shares reversed earlier gains. Crude oil slid back to $94 per barrel. German Bunds continued to surge, pushing yields sharply lower in anticipation of a cut to Eurozone interest rates as early as November, and US
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