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Wednesday, May 22, 2024

Gold Price Surges

Gold Price Surges
Gold Price Surges

Gold prices surged to $1,298 per troy ounce in early trade this morning after US Fed chairman Ben Bernanke took a U-turn on his earlier stance that the US was looking to taper off the $85-billion-per-month bond buying programme by the fourth quarter of 2013. Gold prices have zoomed up almost 4 per cent, or by more than $50 in trade.

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