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Email this article: Gold needs to reclaim US$1,700 for renewed buying, with breach of US$1,600 expected to cause liquidation
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Posted: Sat April 21, 2012 4:49 pm
INTERNATIONAL. "Overall, the price action since the February high of US$1,790 has been quite weak," says the latest technical analysis from gold bullion dealing bank Scotia Mocatta.
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INTERNATIONAL. New research from PwC projects that traditional assets under management (AuM) in 12 markets across Africa will rise to around US$1,098 billion by 2020, from a 2008 total of US$293 billion.
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