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JUL 16, 2014 - Zero Hedge

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India Sees Gold Imports Surge 65% In June

Today’s AM fix was USD 1,297.50, EUR 958.13 and GBP 757.40 per ounce.Yesterday’s AM fix was USD 1,312.00, EUR 965.20 and GBP 765.51 per ounce. Gold fell $12.60 or 0.96% yesterday to $1,294.10/oz and silver slipped $0.21 or 1% to $20.71/oz. Gold In U.S. Dollars and Global ETF Holdings - 6 Months (Thomson Reuters) Gold’s sell off yesterday was again due to concentrated selling on the COMEX. The sale of over 17,000 contracts or over $2.3 billion worth of gold futures contracts in minutes led to gold falling again. Support is likely to be found at previous resistance at $1,280/oz. The sell off ... Read More

Tags: India Sees Gold Imports Surge 65% In June,  Federal Reserve System Latest News