16
June
Gold May Gain in New York as Slower Growth Concern Lifts Demand (GC in Bloomberg)
16 June 2010 Business Week
Gold may gain in New York as concern that the global economic recovery may slow boosts demand for the precious metal as a means of protecting wealth.
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“Deteriorating public finances, anaemic economic growth and sovereign debt and currency concerns should lead to continuing safe-haven demand for gold,” analysts at Dublin- based broker GoldCore Ltd. said today in a report.
