GOLD prices rallied to 1670.00 regions during early part of last week due to strong fundamental news from the United States and China.
However, the market receded to 1642.00 supports and re-escalated to close at 1662.60 for the weekend. The ongoing topic on European Union (EU) working out to rescue European debt crisis and proposed new lending of US$500bil by International Monetary Fund (IMF) fuelled optimism on Friday’s trading session.
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