London Gold Market Report |
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Gold Slips as Bullish Run "Hits Correction"; Monetary Inflation Poses Risk to Stability, Warns ECB Chief THE SPOT PRICE OF GOLD gave back a 1% rally in London on Wednesday, trading $20 per ounce below this time last week as crude oil managed only a slight bounce on news of an Iranian missile test. Already subject to international sanctions over its nuclear research program, Tehran said today it successfully fired a Shahab-3 missile overnight, capable of reaching Israel. Crude oil prices
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