Gold/Platinum Ratio Continues to Search for Peak
aqcoachabCommodity prices traded narrowly in European session as investors got few hints regarding central banks’ monetary stance in coming months. Gold continued to fluctuate around 1600. In the near-term, we do not see much breakthrough without fresh news of further easing from the Fed and the ECB. Fundamentals are indeed putting downward pressures on the yellow metal as demand slipped amid worries over global economic slowdown and sovereign debt problems in the Eurozone.
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Gold/Platinum Ratio Continues to Search for Peak
