27.03.2012 - Gold may see buying at $1580-$1600: Barclays
Physical demand remains muted in gold which has failed to provide a solid floor. However, the congested support zone in the $1580/$1600 area may provide buying interest and support prices in the near term. The six-month rolling correlation between gold prices and the dollar has started to strengthen and the dollar will possibly continue to gain when the Euro has room to weaken...............................................Full Article: Source
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