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Friday, July 28, 2017 11:55:17 AM
http://kerrmines.com/corporate/
https://www.linkedin.com/in/martin-kostuik-77b6b912
"...The dollar was unable to gain any sustained recovery which helped underpin gold sentiment, especially with readings suggesting low inflation pressure in the US economy.
Gold came under pressure during US trading with sharp dollar gains pushing prices to lows below $1,255 per ounce.
Equities came under some pressure after the European close on Thursday with a slide in technology stocks undermining confidence, although there was a rebound in the S&P 500 index at the close which limited support for gold.
The dollar was also unable to sustain a recovery against major currencies with a sharp retreat in USD/JPY which also triggered demand for precious metals and gold edged back to the $1,260 per ounce area.
Consolidation was the main feature in Asia with a lack of fresh incentives.
European bond yields moved higher ahead of the US open on Friday which triggered an element of selling pressure on gold, although overall selling pressure was limited.
..."
https://www.google.ca/amp/www.economiccalendar.com/2017/07/28/gold-prices-underpinned-by-subdued-us-inflation-data-market-conviction-lacking/amp/
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