The shiny metal advances ahead of the French-Spanish bond auctions

Fundamental Precious Metals (2012-02-02)

02 February 2012 @ 03:32 am EDT

The shiny metal advances ahead of the French-Spanish bond auctions

Gold returned to continue the upside journey today, to currently trade around the highest level recorded in eight weeks on optimism that sent the U.S. dollar to the lowest record seen in more than two months ahead of the bond auctions awaited from Spain and France today and also as markets are still tracking any developments in the Greek talks with the private sector.

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