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The struggle between gold sellers via ETFs and physical gold buyers (mainly China and India) is still the main factor causing fluctuations in the price of gold. The volume of gold under the management of funds ETF is down 20% from the sharp fall in prices in the month of April and while physical gold consumption in Hong Kong, China and the U.S. (Coins) among others is a historically high level. So volatility is expected to continue and, for now, the price remains within the current band of 1450-1490 dollars.
April 10
PRECIOUS ARGYOR (AMPSA)
May 8