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Gold looks set for another run at $1,800/oz. for the first time in a year, +0.8% this morning to...
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Thursday, October 4, 2012, 8:48 AM ETGold looks set for another run at $1,800/oz. for the first time in a year, +0.8% this morning to $1,794. The metal got no assistance today from the BOE or the ECB - both of which left policy unchanged - but the worldwide central bank trend remains one of further ease.
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Buy the dips.
But looking to jump back in on a more mid to long-term basis otherwise (w/GLD, SLV, GDX, etc.) It just seems gold is having a hard time piercing - and staying above - that 1800 level.