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Gold price vaults $1,300: Is this the start of the epic short squeeze everyone's waiting for?

Frik Els | July 21, 2013 | 11:51 pm Energy Precious Metals Gold 

Bullion was ripping higher in Asian trade on Monday with the gold price scaling the crucial $1,300 level for the first time in a month. A number of observers say the relatively rare occurrence of backwardation in the gold futures...

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