Dollar wilts, Gold rises above $1030
On Thursday, Gold bounced back above $1030 an ounce in Europe. According to dealers, the demand is rising.
The news article is quoted as saying:
Some physical demand is returning to the market as prices plumb three-week lows, dealers said, helping the metal shrug off a further small outflow from the world’s largest gold-backed exchange-traded fund.
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Thu, Oct 29, 2009
Post by Melissa Pistilli, Gold Senior Reporter