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Thursday, June 16, 2011

Gold and Silver Little Changed as US Inflation Rises

 

Fine Gold BarsUS gold and silver prices were nearly unchanged Wednesday. The two metals held firm despite a surging dollar and plunging crude oil prices.

Greek bailout issues lifted safe-haven buying, opined analysts, as the euro fell against the dollar. Higher than expected US inflation data was also somewhat supportive for gold and silver prices.
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