Thursday, 21 April 2011
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MCX Gold trades up on Euro debt crisis
Gold hit fresh lifetime high on weak dollar, lingering tensions in the Arab world, euro zone debt crisis and inflation. Declining fiscal health of U.S. further supported price. Though, the holding in SPDR gold trust slipped slightly, but yellow metal's fundamentals are still bullish amid weakness in dollar. The U.S. dollar slipped to a three-year low against basket of major currencies on
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