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Courage under fire

Gold producers fight to limit damage from lower prices

Gareth Tredway
The gold price has been hovering around its 200-day moving average (Photo: Raiffeisenverband Salzburg)

The gold price has been hovering around its 200-day moving average (Photo: Raiffeisenverband Salzburg)

Analysts at Barclays pointed to the direction of the US economy to explain the recent gold price move. “Weak US retail sales data were the trigger for the move up. The sharp price move attracted investors...

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