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ETF gold bullion holdings hit new record

Posted on 20 November 2012

Gold Bullion traded close to $1725 per ounce this morning in London, holding gains made during the earlier Asian session, as stocks and commodities also recovered some ground lost last week, after news that a deal may be achieved in time to avoid so-called fiscal cliff of US tax rises and spending cuts currently scheduled for the start of 2013.
Silver Bullion rallied back above $32.70 an ounce, recovering Friday’s losses, while US Treasury bond prices fell along with the Dollar………………………………………..Full Article: Source


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


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