The price of gold popped higher in Euro terms Thursday after the ECB hiked its key interest rates as expected yet the 19-nation currency fell back below parity to the Dollar amid rising oil and gas prices
Gold prices fell in Dollars but rose in Euros and most notably British Pounds on Wednesday as the UK s worsening government debt crisis spurred the Bank of England to intervene in the bond market, buying Gilts to try suppressing yields
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