02.04.2012 - Gold to test resistance
Comex gold futures edged higher on Friday on the back of a weaker dollar and window dressing towards the quarter-end. Bullion garnered support as the dollar fell to one-month low against a basket of currencies, including the euro, after European finance ministers agreed to boost the Euro zone's debt crisis firewall to roughly €800 billion . Last year worries over the potential spread of the Euro zone debt crisis helped drive gold to record highs, but the metal has since re-established its usual inverse relationship with the dollar. ..............................................Full Article: Source
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