19.04.2016 - Gold Prices 'Buoyed' by Failed Opec Oil Cuts
Gold Prices rose Monday morning in London as oil prices stabilized from a sharp plunge following news that major producer nations had failed to reach an agreement on cutting output this weekend in Doha, Qatar, writes Steffen Grosshauser at BullionVault. European stock markets recovered early losses but Asian equities closed sharply lower, plummeting from the highest weekly close in four months as Shanghai's SSE Composite and Tokyo's Nikkei 225 lost 1.4% and 3.4% respectively. Silver retreated to around $16.22 from Friday's peak of $16.37 per ounce, its highest level since June 2015...............................................Full Article: Source
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