Gold Slips from 'Instant Contagion' High of $1210 as Germany Backs …
Friday’s sharp rally in the Euro knocked the Gold Price for German and Greek investors alike down 2.3% from yesterday’s fresh record of 30938 euro per kilo. Gold began the week trading at 28500 euro. Pounds Sterling, British gilts and London’s … Versus the Dollar, ‘$1200 now provides support to gold,’ reckons de Wet, ‘as risk aversion remains entrenched in financial markets. ‘However, we remain mindful that scrap [gold] continues to come to the market.’ BullionVault …
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