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Gold ends above $800/oz as risk appetite improves

Posted on 11 December 2008

From Guardian: Gold ended over 4 percent higher on Wednesday, rising above $800 an ounce on the back of technical support, broad-based commodity gains and higher appetite for risks across all asset classes.

Strength in the industrial metals and firmer equity markets also cheered buyers, as U.S. stocks held onto initial gains because of improved economic sentiment….. Full Article: Source


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