27.06.2012 - 'Negative forecast' remains for bullion
Spot market prices to buy gold traded just above $1,580 an ounce throughout Tuesday morning's London session, up around 0.6% on last week's close following gains the previous day. Prices to buy silver traded in a tight range around $27.50 an ounce – 2.1% up on the week so far. "After last week's bearish price action it is hard to get excited about a sustained rally [for gold]," says the latest note from technical analysts at bullion bank Scotia Mocatta...............................................Full Article: Source
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