Monday, 4 April 2011
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Gold Daily Outlook for April 5, 2011
Gold started Monday's trading in a positive tone, targeting levels at 1,440.00 an ounce, after lack of data from major economies and inflation threats in Europe, lured investors to target safety. Inflation accelerated to the fastest pace in two-years, according to Euro-Zone's PPI gauge, pushing traders to target gold to hedge against inflation. The sideway trading remains valid ahead of ECB's
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