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 Precious Metals Rally on News From Europe and Weaker Dollar says Bill Hionas- Precious Metals Rally on News From Europe and Weaker Dollar says Bill Hionas
- October 10, 2011
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Gold prices soared as dollar dropped against euro.
MIAMI, FL - Today, October 10, precious metals rallied strongly as the dollar began to slip. Generally, gold will move inversely to the dollar as a strong dollar makes gold expensive to buy in other currencies and vice versa. Market analysts are now predicting a return to $1700 for gold in the coming week.
The news from Europe was somewhat more optimistic following a meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel, where a limit of three weeks was set for ...
- View more at: http://www.1888pressrelease.com/precious-metals-rally-on-news-from-europe-and-weaker-dollar-pr-341335.html
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