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The Gold Future

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08/18/09 17:55
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The Gold Future

After swinging into gains and losses, gold future ended fractionally higher on Monday. For August gold is finished to 40 cents at $953.50 an ounce on Comex division of New York Mercantile Exchange. ~~

Other than gold, silver and other precious materials has gained price. Dollar also gained good ground as a safe-haven currency during turbulent times.

Thus a stronger dollar increases demand for dollar-denominated commodities, including gold.

Read more on the link below.

Link: Gold little changed as earnings optimism fades - Market


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