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Email this article: Investors add to Gold ETPs in the face of deepening European credit crisis
Posted: Fri July 6, 2012 10:49 am
INTERNATIONAL. In the short-term, disinflationary forces around the globe, and the concern that the U.S. might not need to do QE3, are putting a damper on gold's advance.
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UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
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