31.05.2012 - Bullion below $1,550 as ‘bulls misjudged the dollar'
The US dollar gold price fell further on Wednesday morning, trading at one-week lows beneath $1,550 per ounce as world stock markets dropped and the euro hit a fresh two-year low amid fresh debt woes in the 17-nation currency union. The European Commission in Brussels accused Spain – where unemployment is now above 25% – of not doing enough to meet its deficit-reduction targets...............................................Full Article: Source
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