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Gold Steady After Drop on Fed Inaction, Eyes on ECB

August 02, 2012

Gold found support at $1,600 an ounce on Thursday, although was capped by uncertainty on whether the European Central Bank will take bold action to tackle the region's debt crisis after the U.S. central bank dashed hopes of any imminent stimulus.

Source: http://www.cnbc.com/id/48453412?__source=RSS*tag*&par=RSS
 
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