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DRYBLOWER
Dryblower on gold down, or is it up?
IS gold down or up? That’s a question <i>Dryblower</i> has heard before when financial markets are hammered by central bank interest rate increases, but it’s also a question with an interesting answer – it depends on where you’re sitting.
Investors with US dollars undoubtedly believe that the gold price is down on where it was 12 months ago, and they're right because the price has fallen from US$1748 an ounce to the close on Friday of $1675/oz,...
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