CAPITAL MARKETS

Gold edges towards US$400

THE gold price reached US$397/ounce in trading this morning with, surprise surprise, opinions divided on whether the US$400/oz level is a possibility in the coming days.

Michael Quinn
Gold edges towards US$400

Dow Jones quoted Jim Steel of Refco LLC as saying US$400/oz could be breached today on follow through buying from banks and funds in the wake of a strong performance overnight/yesterday in the northern...

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