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Email this article: Expect gold price to move very wildly next week, says Emirates NBD report
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Posted: Sat June 16, 2012 11:33 am
UAE. A lot of investors might sell gold because they can, and they might need the liquidity, in order to fill gaps in other asset classes. These potential see-saw moves might be vicious and on a very sizeable scale, says Gerhard Schubert.
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UAE. July data suggested that the UAE's non-oil private sector regained some of the growth momentum that was lost at the end of the second quarter; Output and new orders both rose at sharper rates, contributing to a robust overall improvement in business conditions.
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