20.12.2011 - 2012 gold averages: Goldman $1,810/oz, Barclays $2,000/oz and UBS $2,050/oz
Gold has fallen marginally in most currencies, extending last week's loss, which was the biggest in nearly three months. Gold’s weakness continues despite negative economic news such as Fitch's warning regarding downgrading France and other countries and geopolitical risk after the death of North Korea’s Kim Jong-il. Fitch warned it may downgrade France and six other euro zone nations as it believes a comprehensive solution to the region's debt crisis is "technically and politically beyond reach."..............................................Full Article: Source
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