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European central banks recommit to gold, price won't budge

Frik Els | May 19, 2014 | 9:03 pm Precious Metals Europe Gold 

The price of gold briefly scaled the $1,300 an ounce level on Monday after Europe's largest central banks renewed an agreement not to sell "significant" holdings of the precious metal for another five years. In a joint statement, the signatories...

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