Jan 10
Just when it appeared that the gold price was ready to reverse its long-running and fast-paced upward trend, speculators have begun to jump back in. After falling to a 60-day low of $1,080.50, the price of gold reached its highest point in just over a month at the close of New York trade on January 6th.
The spot gold price for one ounce of gold at the New York close on the 6th was $1,138.10. The current rate is $1,130.70. A stall in the positive move for the …
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