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Post # 1
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Join Date: 27 Apr 2010
Location:  KuwaitPosts: 303 |
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Gold Prices Dip as Investors Go for Cash |
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Gold for June delivery was down $6.80 to $1,207.80 an ounce at the Comex division of the New York Mercantile Exchange. The gold price Wednesday has traded as high as $1,228.20 and as low as $1,202.
The U.S. dollar index was slipping 0.73% to $86.74 as the euro rallied slightly rising 0.97% to $1.23 against the dollar, which some experts consider fair value for the currency. The gold spot price Wednesday was sinking over $19, according to Kitco's gold index. |
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