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Gold holds near 3 week highs after China’s second interest rate hike in 6 weeks
Gold held close to the previous session’s near three-week high on Wednesday, supported by an increased focus on inflation after China’s second interest rate hike in six weeks and residual interest in...
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Gold May Gain as Physical Buying, Debt Concerns Spur Demand
(Bloomberg) Gold may gain for the first time in three days in New York as physical buying and concern about Europe’s debt boosts demand for the metal. European finance officials endorsed a bailout for...
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Higher Inflation and Higher Precious Metal Prices Inevitable
In his press conference on April 27, 2011, Federal Reserve Chairman Bernanke dismissed inflation worries, stating that “Our expectation is that inflation will come down and towards a more normal...
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