Gold’s Biggest Gain in 12 Weeks Is ‘Capitulation’ End (Update1)

1 February 2011  Bloomberg.com

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The “capitulation” in gold that drove the metal to its worst January in 14 years may be ending as escalating violence in northern Africa spurs demand for a haven and after a key technical indicator held.

http://www.bloomberg.com/news/2011-01-31/gold-s-biggest-gain-in-12-weeks-signaling-end-of-capitulation-amid-riots.html