Friday, 4 June 2010

Update 4 June 2010

Gold has fallen back today, with the spot price falling to USD$1208 on confidence a US economic recovery is taking hold, which convinced tired long holders to take profits.


In New Zealand currency the dollar has risen to 0.684.


$NZD Gold: The rise in currency and drop in USD gold has resulted in a drop in the local gold price to NZD$1765.

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