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Message: "surging US $"

Today's news:

"Strategists at Bank of America Merrill Lynch said in a report yesterday there was a risk gold could drop a further US$150 an ounce given a surging US dollar and a tame global inflation outlook. Credit Agricole slashed its forecast for this year's average gold price by 10 per cent to US$1,480 from US$1,650."

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