Germany may look to withdraw its gold from US
Germany has some 1,200 tonnes or about a third of its gold stored in the vaults of the New York Federal Reserve in Manhattan.
The $80 billion proposed merger of commodities trader Glencore and Swiss-based miner Xstrata could lead to a fresh round of acquisitions in iron ore, Reuters is reporting today. Responding to speculation about an upcoming merger, Xstrata confirmed earlier this week...
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