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Gold Prices Increase To in London as China Increase Gold Mine Reserves and Prodution
Gold rose to a three-week high in London, heading for its first weekly gain since March, after a report that China’s reserves of the precious metal increased 76 percent since 2003.
Gold, platinum plummet as inflation fears ease
Gold tumbled to a three-month low and platinum fell to its lowest level in more than five months on Wednesday as fears of rising inflation eased, traders said.
Weaker oil prices and a firmer dollar prompted many investors to abandon trading positions, they added.
Other precious metals also declined, with palladium falling to its lowest level in [...]
