10.05.2012 - International gold prices breach $1,600 an ounce first time since Jan
Global gold prices declined below the $1,600 an ounce mark for the first time since January. The last time it went below the the strong resistance level was on January 5, this year when gold prices closed at $1,597.70 an ounce. COMEX benchmark gold contract was trading at $1,587.40 an ounce today mainly affected by a sell off across markets pressurised by the looming Eurozone debt crisis...............................................Full Article: Source
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