Acquisitions Rife In Gold Sector

By Kishori Krishnan
01 September 2009 @ 10:41 am EDT

Money flows are being watched. Gold hit $955 an ounce on Tuesday in Tokyo, as Chinese stock markets showed signs of stability and oil prices gained ground. The precious metal dropped 0.5 per cent the previous day on selling by short-term investors due to caution in the face of tumbling Chinese equities and a fall in oil.

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