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Monday, July 23, 2012

U.S. Dollar Danger Threatens Gold as Euro Hits 2-Yr Low


WHOLESALE gold bullion prices fell to 69 an ounce during Monday morning's London trading – 0.9% off Friday's close – as stocks, commodities and the Euro also traded lower and US Treasuries gained, following news that two Spanish regions plan to ask for bailouts.
Silver bullion fell to .88 an ounce – a 1.9% drop on where it ended Friday.

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