Dutch Debt “On Edge of Downgrade”, Central Banks Add to Gold ReservesÂ
SPOT MARKET gold prices climbed to 43 an ounce Tuesday lunchtime in London – a 1.2% gain from yesterday’s low, but still below Friday’s close – as Eurozone concerns focused on the Netherlands after yesterday’s government collapse.
Based on the PM London gold fix, gold prices remain 3% below their 200-day moving average.
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