Tuesday, 3 May 2011

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Gold Hits New London High, Silver Dumps 10.5% as Margin-Hike Bites, Price-Drop "Triggers Indian Frenzy"

  • Tuesday, 3 May 2011
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  • London Gold Market Report THE PRICE OF GOLD hit new all-time Dollar highs at the AM London Fix on Tuesday, while silver traded near a two-week low, world stock markets slipped, and commodity prices fell hard. An early rise in global equities faded as the Reserve Bank of India today hiked its key interest rate and Euozone factory input-price inflation showed a surprise rise. Gold-up-silver-down



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