GOLD PRICE FORECAST: XAU/USD RIPS HIGHER ON CREDIT SUISSE RISK AVERSION AND TUMBLING US YIELDS

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Gold price soared from a low of $1,885.79 to a high of $1,937.39 on the day but has come under some selling pressure in recent trade. Gold price has fallen back to trade around $1,916 at the time of writing, reflecting the volatility in the market as a consequence of the Credit Suisse risk. 

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