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Email this article: Gold below US$1,690 could spark fresh selling
Posted: Mon March 5, 2012 4:33 pm
INTERNATIONAL. Dollar gold prices briefly dipped back below US$1,700 an ounce Monday morning in London, as stocks, commodities and the Euro all fell before recovering some ground.
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SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
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