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Gold solid after huge price drop

Published 17/04/2013

Gold prices steadied after their steepest tumble since the early 1980s.

Panic selling sent gold plunging to a two-year low of US$1,350 an ounce yesterday. Investors had dumped the precious metal amid speculation that the US Federal Reserve will call time on its quantitative easing (QE) programme.

Belfast Telegraph

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