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The IMF and gold: Point by point

Posted on 17 October 2012

Out of the many crosscurrents affecting gold trading, one particular factor — the International Monetary Fund (IMF) has recently released a newly revised and much bleaker global-growth forecast.
Add to this the October 2012 meeting of the IMF and World Bank that revealed troubling news of increasing friction between countries like Germany and Spain, as well as worries for Greece’s slow economic recovery — and the market reacts by slowing down on trading, including metals like gold and silver………………………………………..Full Article: Source


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