Gold Falls on China "Tightening" But Low US Rates "Will Support …
… winner for the third time last year in the London Bullion Market Association’s poll of 20 analysts’ price forecasts. “At that level, we would expect collapsing jewelry demand and higher [gold] scrap supply to help put a brake on things. ” … Following Monday’s sharp jump in oil, base-metal and gold prices on news of record import growth to China, “China’s support for the global economy does not really come from its imports,” says Standard Bank’s chief currency …
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