GOLD 0.51% $1,391.7 gold futures

Oil and Gold, page-91

  1. 721 Posts.
    All Central banks that rely on oil income will now not have the capacity to buy gold at their previous levels.

    Russia was a huge buyer of the shiny stuff this year, they will be buying considerably less with crude at usd$60ish.

    Over the coming weeks, there should be a lot of talk about petro dollar liquidity...
 
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