If you have faith in our leaders of commerce, don't buy gold.
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Gold dips, taking a breather after surpassing key $1,500 level
Gold edged down on Thursday as equities markets recovered, the U.S. dollar strengthened and traders locked in profits after bullion surged past $1,500 to a more than six-year high in the previous session. Spot gold was down 0.4% at $1,495.43 per ounce as of 10:21 a.m. EDT (1421 GMT). U.S. gold futures fell 0.8% to $1,507.50 per ounce. The metal has risen more than 16% so far this year, and about $100 over the past week, in a stellar run propelled by trade tensions between Washington and Beijing, falling bond yields and an increasingly dovish shift in policy by global central banks. “We got a little bit of a relief ... (full story)
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- 676f6c64
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- auricforecas
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