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Reuters reported a lack of more agressive stimulus from central banks causing Goldprices to fall after China, Europe and Britain eased their moneraty policies.
Reuters reported a lack of more agressive stimulus from central banks causing Goldprices to fall after China, Europe and Britain eased their moneraty policies.
As stated in the press release:
Bullion, which has tumbled several times this year after the Federal Reserve did not mention further easing, was under pressure after monetary easing by the top three central banks signaled a growing level of alarm about the world economy.
Click here to read the full Reuters report.
