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APR 19, 2013 - Zero Hedge

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Gold Futures Raid Leads To ‘Extraordinary’ Demand For Bullion Globally

  Gold in USD, by Tick, – (Bloomberg) Gold extended gains above $1,400 an ounce on signs that jewelers, investors and store of value buyers of gold are taking advantage of the biggest slump in prices in three decades. Global demand for physical is very clearly seen in rising premiums being seen internationally. The drop in prices ignited a spate of buying in gold coins and bars, sending premiums for gold bars to multi-month highs throughout Asia. Demand intensifed overnight as prices rose over $1,400/oz. XAU/EUR Currency, by Tick, 2 Weeks – (Bloomberg) Indian gold premiums, always ... Read More

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