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Commodities Briefing - Categorized | Bullion/Gold, Commentaries, Investment more

Gold at crossroads, awaiting direction

Posted on 07 November 2011

October 2011 was a month most commodity investors would like to forget. Heightened Euro zone concerns and perceived slowdown in Chinese demand saw prices take a solid beating. Long liquidation and sell-off meant heavy price declines virtually across the commodity spectrum with even the seemingly safe haven assets losing value.
The lack of confidence in the macroeconomic picture did not spare even precious metals including silver and platinum. The ‘dash for cash’ during early to mid-October and stronger dollar abetted the sentiment………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 38163 posts on Opalesque Commodities Briefing.


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