Gold New Record Highs at Over $1040/oz :: The Market Oracle …
The supply demand fundamentals – with gold production having peaked in 2001 and fallen every year since despite gradually rising gold prices and with investment and central bank demand (particularly demand from the People’s Bank of China) outweighing the decline in jewellery demand and the significant increase in scrap supply from the jewellery market. The more immediate catalyst for gold’s record highs may have come from the dollar coming under more pressure today after …
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Gold New Record Highs at Over $1040/oz :: The Market Oracle …
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