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Mounting Tension in Persian Gulf Could Push Gold Above $1700
Mounting tensions in the Persian Gulf continue to worry the market; distracting at least some of the focus away from European debt problems, but certainly not helping risk appetite recover in the new year. As concerns intensify that the stand-off between Iran and the US could turn nasty, worried investors are pushing commodities prices higher, with oil staying well supported above $100 per... ...More...
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I do not think $ 1700 - this is a very high price
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