Friday, 14 August 2015

Gold output to level out over the next year: WGC

After climbing to a three-week high as traders worried that China's surprise move to devalue the yuan could spark retaliatory action from competitors, the precious metal slid 0.7 per cent to close at US $1,115.60 a troy ounce in New York trading overnight. Gold's reversal comes as China's central bank reassured jittery markets that it does not want its currency to collapse...Read More

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