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Email this article: Central bankers leading the way on gold
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Posted: Sun April 29, 2012 1:05 am
INTERNATIONAL, Gold traders are getting more bullish and expect price to rally next week, as the IMF data showed at least twelve central banks bought an estimate of 58 tonnes of gold in March.
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QATAR. In the end, monetary policy can be powerful in the short-term but is unlikely to change the long-term predicament of the Euro Area. The ECB may succeed in preventing prolonged deflation from taking hold, but this is a not a sufficient condition for sustainable growth.
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