As Gold prices continue falling bullish bets increase

Note: This section contains information in English only.
Source: Bloomberg
Gold net-long positions increased by 3.1% last week as hedge funds are eyeing a rally. Nonetheless, towards the end of the week prices fell due to a 19% lower demand from China and a positive outlook for the US economy, which overshadowed distress in Ukraine. The price of gold is expected to average over $1,300 during the year with inflation being a possible risk.
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Mon, 28 Jul 2014 08:43:08 GMT

Canada Dollar falls to 5-week low

The Canadian Dollar dropped to the weakest level in five weeks before the reports that are projected to indicate Canada's economy is way behind that of U.S. The Loonie slipped 0.6% to C$1.0812 per U.S. Dollar. The currency depreciated against the Greenback for a second day in a row, falling against all of the 16 major counterparts. 

Fri, 25 Jul 2014 15:11:08 GMT

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