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precious metal

Gold outlook dimmed by greenback"s rebound

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Gold may fall after slumping to a three-month low last week as the US dollar's rally reduced the appeal of the precious metal as an alternative asset. Gold for immediate delivery fluctuated between a gain of 0.5 per cent and a loss of 0.1 per cent before trading little changed at
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John Paulson Gold Fund Said to Tumble 14% in Its First Month - Bloomberg.com

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Feb. 5 (Bloomberg) -- Hedge-fund billionaire John Paulson ’s gold fund lost 14 percent in January, its first month of operation, two investors said. Gold futures fell to a three-month low of $1,044.50 in New York today as the dollar’s rally reduced demand for the precious metal as an
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Olympus Pacific Minerals lists on ASX

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AAP Canadian gold miner Olympus Pacific Minerals has made a solid debut on the Australian Stock Exchange. Shares in the company, which is also listed on the Toronto Stock Exchange, closed at 23 cents, up one cent from its 22 cent at the open. Olympus Pacific issued 119.78 million
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