CAPITAL MARKETS

Gold stocks sold down

UNEXPECTEDLY positive economic data out of the US saw gold drop about US$20 per ounce to just above $1290/oz leading to buyers abandoning ship. Gold stocks attracting a modicum of attention included Emerald, Cardinal and West African Resources. And we emphasise ‘modicum’. 

Staff Reporter
The yellow metal slumped to close the week.

The yellow metal slumped to close the week.

   

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