Gold’s biggest quarterly slump in four years is now split

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Gold’s biggest quarterly slump in four years is now split

Post  RaahiShah on Tue Jul 31, 2012 4:06 pm

Gold’s biggest quarterly slump in four years is now split, reflecting investors. Gold is now 3.7 percent higher for the year at $1,624. The Standard & Poor’s GSCI Spot Index of 24 commodities fell 0.05 percent, the MSCI All-Country World Index of equities added 5.7 percent, and the Dollar Index, a measure against six trading partners, advanced 3.3 percent.

Investors now look to the US Federal Reserve for some relief in metal prices. Gold and silver rallied on speculation about further stimulus.
Commodity tips

RaahiShah

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