Gold Advances After Two-Day Drop as Price Dip to Below $1,200 Spurs Buying

7 July 2010  Bloomberg.com

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Gold declined to a six-week low in London as some investors sold the metal after its rally to a record last month and as a stronger dollar sapped bullion’s appeal as an alternative asset.

http://www.bloomberg.com/news/2010-07-07/gold-advances-after-two-day-drop-as-price-dip-to-below-1-200-spurs-buying.html