
debt
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Gold Rallies Almost 7% on Euro Debt Details
- November 1, 2011
- Posted by: Orkan Ozkan
- Category: News
No CommentsLos Angeles, CA – The price of gold rose almost 7% to above $1700 an ounce on in one week as details of Europe’s plan to solve their almost two year old sovereign debt crisis was revealed. And while details are still being finalized, Greek Bondholders will take a 50% cut on bonds and European
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Gold Gains Ground on Euro Debt News
- October 13, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA – Gold closed above $1670.00 on Wednesday marking a 3 week high. The gain comes after a large dip in price, down to $1600 an ounce from a record high of approximately $1900 an ounce in August. Shortly afterward the historical high, the Eurozone sovereign debt crisis caused many investors to liquidate
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