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GOLD prices soared to as high as 1752.30 regions last week amid strong conclusion of European Union (EU) Summit, broadly in line with market expectation.
THE United Kingdom Central Bank decided last week to re-introduce its bond-purchase programme worth £275bil to increase liquidity in financial markets.
SINGAPORE (Reuters) - Libya is exporting its first cargo of crude to Asia under a new government as the North African nation returns to normalcy following a months-long civil war.
GOLD prices plunged drastically to 1628.70 last week amid stronger greenback after Fed successfully implemented 'Operation Twist'.
GOLD prices dropped from a high of 1920.74 regions last week to as low as 1791.12 regions as the appetite for risk grew. However, the global equity markets eroded the flight into gold as safe-haven.
GOLD prices took a plunge of US$210 correction from its new found high 1902.02 due to CME Group called for margin raise in Comex gold futures.