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Gold Drops For 3 Days 26/09/2011

Written By batlax on Monday, September 26, 2011 | Monday, September 26, 2011

Gold, still declining this morning after 3 days ago down to the level of 1627.80. Precious metals follow a broad selloff of all commodities other anxiety over a global recession will hit the market. CME Group to raise margin requirements on gold and silver futures contract on Friday, following the increase in margins in silver forward contracts on the Shanghai Gold Exchange.