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Gold back above US$400, but Australian prices lag

WHILE gold may be glittering having breached the significant US$400/oz mark again, the strong Aus...

Michael Quinn
Gold back above US$400, but Australian prices lag

Gold hit US$404 per ounce overnight on US dollar weakness related to a record trade gap, and problems in Iraq - equivalent at current exchange rates to around A$550/oz. That keeps the Australian gold...

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