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Will gold fail to end month on high?

Posted on 03 September 2013

An imminent attack on Syria is looking less likely today and gold has reacted accordingly, falling below $1,400 this morning. It no longer appears as though it is heading for its second-monthly gain. Meanwhile silver is still aiming for its best month since January 2012.
Whilst talks of Syria appear to have calmed, I suspect the price of gold will find some support from discussions surrounding Syria, given Obama’s stance that they will act without UN support………………………………………..Full Article: Source


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VRS - who has written 36905 posts on Opalesque Commodities Briefing.


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