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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

Gold may dazzle on uncertainty

Posted on 14 November 2011

Global commodity markets faced one more week of choppy price movements amid a macroeconomic backdrop that became increasingly unpredictable, oscillating between guarded optimism and hopelessness.
Obviously, political gyrations in the Euro zone took centre-stage which eroded the confidence of market participants. The biggest worry was the potential for contagion to spread from Europe. Heightened fundamental and geopolitical risks are fighting for influence against the escalation of sovereign debt concerns, was a succinct observation of an informed analyst………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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