Gold miners surge as gold closes above $1200, takeover speculation

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Gold miners surge as gold closes above $1200, takeover speculation

posted on Dec 02, 2014 10:53AM

Gold futures surged 3.6% to reclaim the $1,200 level for the first time since late October, sparked in part by the downgrade of Japan’s sovereign debt rating and a retreat in the dollar, as well as India easing its import restrictions and some short covering. Read more »
More news on: Market Vectors Gold Miners ETF, Paramount Gold and Silver Corp, Coeur Mining, Inc., Commodities news, News on ETFs

Source: SeekingAlpha (December 1, 2014 - 4:45 PM EST)

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