Gold price

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Gold prices have posted slight losses on Friday, following sharp gains in the Thursday session. The base metal is trading at a spot price of $1262.70 an ounce in the European session. Gold initially dropped after the ECB announced new easing measures on Thursday, but recovered and posted gains after ECB head Mario Draghi stated […]

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On Wednesday, the spot price of gold smashed through the $1,800-an-ounce barrier, the first time that has happened since 2011. At publication time, the spot price of gold had dropped from Wednesday’s closing price of $1,809 an ounce, and it was trading at exactly $1,800 an ounce. That is still a benchmark the yellow metal has not reached in nine…

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