Euro Gold Jumps Near 2-Year High, Halves 2013 Plunge As Currency Sinks With Sterling, Global Equities Jump 

Adrian Ash is head of research at BullionVault, the world-leading gold trading & ownership service online…

EURO gold prices jumped towards their second-best weekly close in two years Friday, rising 3.9% from before Easter as the single currency sank and spot gold jumped back above $1200 per ounce in Dollar terms.

Erasing an earlier dip, “Precious metals [made a] sharp reversal despite stronger USD,” says one London bullion bank's trading desk, calling it a “bullish sign”.


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