Metals Stocks: Old futures drop on firm dollar, China concerns
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Metals Stocks: Old futures drop on firm dollar, China concerns

Shanghai : China | Jul 16, 2012 at 4:00 AM PDT
Source: MarketWatch
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Gold futures retreated in electronic trade Monday, as a firmer dollar added selling pressure on the metal while growth concerns in China weighed on the wider metals complex. Gold for August delivery  slid $6.60, or 0.4%, to 1,585.50 an ounce during European trading hours, partly erasing a 0.8% gain... FULL ARTICLE AT MarketWatch
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China has moved to further free up its gold market by allowing more commercial banks to import and export the metal
China has moved to further free up its gold market by allowing more commercial banks to import and export the metal
 
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