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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Recent gold correction may not be over: HSBC

Posted on 17 October 2012

The recent correction in gold prices may not yet have run its course, but further falls may well attract institutional buying, said HSBC Holdings plc (HSBC) in a commodity snippet.
According to the British bank, yellow metal tumbled on Monday in response to strong US retail sales data, a firmer US dollar and liquidation by macro hedge funds………………………………………..Full Article: Source


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