Gold May Advance Next Week

Bloomberg reports that Gold may rise next week after prices dropped.

The market news is quoted as saying:

Futures, down 5.4 percent this year, headed for their third straight weekly decline on speculation that signs of economic recovery in the U.S. and European Union will reduce the need for a haven investment. Prices rallied 30 percent in 2010, the 10th consecutive annual gain, and climbed to a record $1,432.50 on Dec. 7.

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