London Gold Market Report |
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Gold Keeps "Extreme Gains" in Thin Trade as European Banking Shares Sink on Failed Rescue Bid SPOT GOLD PRICES drifted in thin trade on Friday, bouncing off yesterday's low at $930 per ounce as crude oil ticked down and the US Dollar held flat after Thursday's 1.2% jump. New York was closed for the long Independence Day weekend. " Gold is still holding onto its recent extreme gains very well," noted the Mitsui team here in London this morning. "[But] from here we would have to point out that
Filed under: Fundamental
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