XAU Trading Outlook (18-10-2010)
Oil & Gold (XAU) XAU in similar fashion, traded within $2 of record highs shortly after Bernanke comments, before selling off more than $25 to trade as low as $1,357.60 before ending at $1.370.50. XAU finished the week up by 2% overall. Oil too fell on Friday, as OPEC left quotas unchanged. Crude Oil fell by $US1.44 a barrel to trade at US$81.25
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