Gold misses out on the Santa rally – The Australian


The Australian
Gold misses out on the Santa rally
The Australian
Gold’s retreat from its July peak of $US1366 an ounce (it got to $1819 an ounce in the same month) to $US1159 an ounce on Friday ($1557 an ounce) is a response to this month’s expected US interest rate rise, and the runaway strength of the US dollar.

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