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Unlike the typical start of a trading week, Monday has kicked off with big market moves. Following six days of steep gains, Gold has finally broken the 2011 record high of $1,921, reaching $1,943. Meanwhile, the Dollar seems to have lost the title “King,” at least for now, as it continues to be dragged lower despite all the negative news which used to attract inflows from global investors.Against major currencies, the USD is trading at a 4-month low against the Yen, 15-month low against the Australian Dollar, 22-month low against the Euro and 5-year low against the Swiss Franc. That is... Read More
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