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Quotes
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“ Looking at gold, you have periods when you have strength in the dollar and rising gold, when both are seen as safe-havens, but right now, you'd have thought that gold would be well supported given the European situation, the US situation and a slowing China. ”
By David Wilson -
“ For the short term, gold is likely to remain in the range of $1,750 and $1,850. ”
By Ong Yi Ling
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Gold falls; palladium at 10-month lows
iol.co.za (Sep 22 2011)
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Gold fell, after the Federal Reserve's widely-anticipated move to boost US growth lifted the dollar but pummelled global equities and hit the entire commodities complex. |||
Gold fell on Thursday, after the Federal Reserve's widely-anticipated move to boost US growth lifted the dollar but pummelled global equities and hit the entire commodities complex. Palladium fell to its lowest price in 10 months and US palladium futures lost nearly 6 percent in their biggest one-day slide in six months after a key measure of Chinese manufacturing showed factory activity in the world's top commodity consumer contracted for a third ...
(Read Full Article)
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