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QE3 "Not Off the Table" as Euro Crisis Gives Gold "Significant Upside" But Speculators Slash Bullish Bets
WHOLESALE MARKET spot gold prices hit a 7-session high just below $1600 per ounce in London trade early Monday, before dropping back through last week's finish at $1593 as European stock markets rose for the first time in two weeks.
Read more...Deflation or Inflation? How About Neither?
Precious metals started the trading week in mixed fashion with initial spot bids showing gold and silver prices marginally lower while platinum and palladium moved higher. The US dollar resumed its upward course this morning after the brief pause on Friday.
Read more...Dollar Run May Collapse without Market-Wide Fear Mongering
Dollar Run May Collapse without Market-Wide Fear Mongering
Read more...Gold Prices Benefiting from “Change in Attitude Towards Risk”
GOLD PRICE NEWS – Gold prices oscillated between gains and losses while the U.S. dollar held firm Monday morning.
Read more...PRECIOUS-Gold inches up on steady euro; concerns linger
SINGAPORE, May 21 (Reuters) - Gold inched up on Monday toextend last week's rise rise, tracking a steady euro after worldleaders pledged to combat financial turmoil, although worriesabout Greece and the ...
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