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Message Subject Europe's central banks halt gold sales - Financial Times
Poster Handle Anonymous Coward
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[link to www.cnbc.com]


The lack of heavy selling is important for gold prices [XAU=X 1287.95 -8.10 (-0.62%) ] both because a significant source of supply has been withdrawn from the market, and because it has given psychological support to the gold price. On Friday, bullion hit a record of $1,300 an ounce.
 
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