3rd Dubai Precious Metals Conference, 6-7 April 2014, Sofitel The Palm. Conclusive Successfully...
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As the gold holding in the largest gold ETF house continues to drop, it is mounting pressure on the market price. Spot gold in London market dropped for the fourth day consecutively on ETF heavy outflow along with the Ukraine's political tension. The sentiment is likely to be weak as gold is hovering at its lowest in more than two months. The upcoming US economic indicators on job less claims and home sales data may set further tone for the trade.
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