29.04.2013 - All the big banks forecast a higher gold price this year
The spot gold price was holding onto its strong gains last week to hover around the $1,465 an ounce level in European trading on Monday.Gold suffered a $200-plus decline that began on Friday 13 April and accellerated into Monday when the metal dropped to multi-year lows of $1,326 an ounce. Gold's recent push higher breached important technical levels and the 50% recovery of recent losses is also a bullish signal for the gold market...............................................Full Article: Source
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