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April was strong for gold but ‘stagflation’ concerns abound – WGC

By:  
Creamer Media Contributing Editor Online
 
GOLD
According to the World Gold Council (WGC), gold had another good month in April, posting a 4% gain and ending the month at $2 307/oz. “Unlike March, gold finished off its intra-month high from probable buyer reticence and profit-taking, reflected in falling Chinese premia, lower Indian imports and flat-lining Comex positioning.
 
 
 
 
 

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