Precious Metals Report

Gold close to peak as dollar plunges to new depths
Gold remained close to a 28-year high as the dollar plunged to unprecedented depths against major currencies and after Ben Bernanke, chairman of the Federal Reserve, yesterday warned of increasing inflationary pressures.

Gold, silver prices decline on selling
Gold and silver fell on the bullion market, snapping a two-day long upward march, on selling by stockists, triggered by a weakening trend in overseas markets.

 

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