Tuesday, April 23, 2013

Reuters: Money News: Gold rebounds 1 percent but outlook clouded by ETFs, dollar

Reuters: Money News
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Gold rebounds 1 percent but outlook clouded by ETFs, dollar
Apr 24th 2013, 03:20

SINGAPORE (Reuters) - Gold rose more than 1 percent on Wednesday on bargain hunting after a drop in the previous session, but pressure from a firm U.S. dollar, strong equities and daily falls in holdings by exchange-traded funds looks set to cap prices.

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