11.06.2015 - Gold Prices Hit 'Channel Top' at $1187 as Pimco Dumps Treasuries
Gold prices gained almost 1.4% against a weakening US Dollar in London on Wednesday, but held flat for Euro investors as the Greek crisis entered its "final push" and government bonds sold off again worldwide. Western stock markets rose over 1%, but Shanghai's stock market closed the day slightly lower after global equities-index provider MSCI last night delayed adding mainland Chinese stocks to its emerging-markets benchmark, citing "a few important remaining issues" for the push-back to 2016's review. Greek officials said they didn't know Eurozone lenders had rejected Athens' latest reform proposals until a press conference in Brussels today, reporting that they'd been told to re-work the plan...............................................Full Article: Source
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