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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Gold steady near $1,180, uptrend intact

Posted on 01 December 2009

From Reuters: Gold was mostly steady around $1,180 per ounce on Tuesday taking a break from a rally to record highs late last week, although the precious metal’s appeal as a safe haven is expected to continue to attract buying.

The yen fell against the dollar on Tuesday on news that the Bank of Japan would hold an extra policy meeting at 2 p.m. (0500 GMT), but the news only had a moderate impact on the gold market…………………………….Full Article: Source

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VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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