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

Gold Prices Soar on European Bank Worries

Posted on 11 July 2014

Gold futures closed Thursday at their highest level in nearly four months as renewed worries about Europe’s banking system fanned investor demand for haven assets.
Gold for August delivery, the most active contract, rose $14.90, or 1.1%, to settle at $1,339.20 a troy ounce on the Comex division of the New York Mercantile Exchange. This was the highest settlement price since March 19, when futures closed at $1,341.30 a troy ounce………………………………………..Full Article: Source


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