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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Gold forecasts split at $10,000 and $1000 as ETFs sell, central banks buy, Indian dealers cleaned out

Posted on 26 April 2013

Wholesale gold rose to an eight-session high just shy of $1450 per ounce in London trade Thursday morning, recovering 45% of this month’s near-record slump.Asian stock markets also ticked higher, but European shares were flat while commodities extended their rally.
Silver prices were unchanged for the week so far at $23.30 per ounce.Gold priced in sterling fell £10 per ounce from an eight-session high of £946 as the pound jump on news that the U.K. avoided recession – growing just 0.3% – in the first quarter of 2013………………………………………..Full Article: Source


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