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Gold Down On Fed Inaction – Town Hall

Written By: Latest News - Aug• 02•12

Al-Bawaba
Gold Down On Fed Inaction
Town Hall
As I mentioned yesterday gold prices would be down if the Fed disappointed on the expectation of additional stimulus and that's just what happened. The Federal Reserve basically said to check back in six weeks and gold prices lost over $15 an ounce.
Gold up 1 percent, stimulus hopes alive after payrollsReuters
Gold Prices Extend Losses As ECB DisappointsFyxnews
Gold Dips as Central Banks Stall on StimulusTheStreet.com
Wall Street Journal -Al-Bawaba -Learning and Finance
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