XAU Trading Outlook (21-06-2012)

Oil prices plunged to 80.72 from 83.97 dollars a barrel. Gold (XAU) dropped to 1604.28 from 1620.61 US dollars an ounce. Against the euro, gold dived to 1265.04 from 1275.82 euro an ounce. Silver (XAG) down to 28.0035 from 28.4532 dollars an ounce.

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