Market news
24.06.2011, 17:26

Gold gets down

Gold breaks below the psychological $1500 level for the first time since ay 20 ($1486.95 low that day) after breaking below its 55-day MA at $1513. The precious metal topped out at a life high of $1575.79 May 2 and then fell to a low of $1462.40 May 5. Currently gold holds at $1499.75/oz, near the day's low of $1498.93 and down from an overnight high of $1525.41.

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