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GOLD PRICES for Euro, UK and Japanese investors fell back near unchanged for 2018 so far on Tuesday and silver fell to a small loss for the New Year as world stock markets pushed up to fresh record highs.
Industrial commodities fell but major government bond prices rallied from their sell-off, pulling the yield offered to new buyers down from the recent multi-month highs.
Dollar gold prices trimmed the New Year’s gain to 2.6%, bouncing $5 per ounce from a drop beneath $1333 per ounce, some $10 below Monday’s fresh 4-month high.
