10.05.2012 - Gold prices fall sharply despite bullish fundamentals
In a trading pattern that has become all too familiar, almost the minute the US session began on Comex Tuesday, the price of gold was sold down by almost $40 an ounce to trade at a five month low of around the $1600 an ounce. Yet the fundamentals for gold remain extremely bullish and there were two new major pieces of market news that investors would normally consider as rather bullish. And, this is in addition to the deteriorating crisis in the Eurozone that should have seen a flight out of capital into gold...............................................Full Article: Source
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