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Gold Daily Fundamental Analysis for September 09, 2011

posted by Avatar FXEmpire 1056 days ago in Fundamental, Gold made popular 1056 days ago

Gold prices rebounded to the upside on Thursday after the European Central Bank’s Chairman Trichet signaled economic growth is weakening in the euro zone area, which boosted demand for the safe haven. The ECB left the benchmark interest rates unchanged in line with expectations, but signaled a shift from the tightening monetary policy.
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