18.06.2015 - Smart investors buy gold when prices are low
Gold prices have extended last weeks’ gains, due to some short covering in the futures markets and some renewed safe-haven buying amid the collapse of the Greek talks with its European creditors. Negotiation between Greece and its creditors collapsed after just 45 minutes of meeting on Sunday. It’s reported the European Union officials blamed the failure on Greece, which failed to offer anything new for securing the EUR 7.2 billion funding. Greece’s Prime Minister Alexis Tsipras urged the country’s creditors to get “realistic” a day after weekend negotiations failed to bridge major differences, setting the stage for Eurozone finance ministers to make a final push to reach a deal to avert a default...............................................Full Article: Source
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