Gold Soars as ECB Policymakers Warn about Currency War. USD Resumes Weakness

Apart from QE2, there are other factors directing gold price. 2 top ECB policymakers warned about the risks of currency wars ECB Governing Council member Mario Draghi said that 'current account imbalances are widening again, free floating currencies are suffering from (government currency interventions), divergent policies and consequent speculative tensions.

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Gold Soars as ECB Policymakers Warn about Currency War. USD Resumes Weakness