Bullion Within Touching Distance of $1,600 July 15, 2011 – Posted in: Press
by Jack Farchy Published July 15, 2011 Financial Times Gold dipped from its record high on Friday as a surge in prices encouraged consumers from Asia to the US to sell their gold for scrap. Nonetheless, the yellow metal remained within reach of the psychological barrier of $1,600, trading on Friday at $1,588 a troy ounce, down from a nominal record of $1,594.16 touched on Thursday but still up 3 per cent over the course…
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