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Price of Gold News from Bloomberg

Posted 29th December 2014 at 09:45 PM by GoldFather (Your GoldFather Figure)

Gold Drops in New York as Dollar Touches Five-Year High
By Joe Deaux - Dec 29, 2014

Gold futures fell for the fourth time in five sessions as the dollar touched a five-year high, damping investor demand for the metal as a store of value.

The Bloomberg Dollar Spot Index rose to 1,133.26, the highest since 2009, amid signs that the U.S. economy is improving. Holdings in exchange-traded funds backed by bullion fell 0.6 percent last week, extending a drop to the lowest...
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GoldFather
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A Year to Remember with Your Investments in Gold!

Posted 3rd January 2014 at 08:38 PM by jfbmarketing (Welcome to Karatbars International)

January 3, 2014

A year to remember, without any real financial logical reasons for the way gold has performed this year. Gold will more than likely close off this year in around the $1200 per ounce mark.

I strongly believe, and so do many experts feel that gold will bounce back in 2014, once all of the manipulation by central banks weeds out. Gold will bounce back with vengeance with a true market value of somewhere in the $2000 per ounce mark.

This certainly...
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Joseph F. Botelho
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