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Gold testing record highs again

Even as the Yen has weakened to above 145 earlier this morning, that did not dent gold much at all and now the USD/JPY has dropped back underneath 145, the metal has lifted again. A short while ago Gold threatened to reach a new all time high and it may yet do that. Hence, the Yen/gold correlation got further thrown out once more. The dollar is actually slipping again as this is being written and Gold has just now nudged above that $2,670 level 

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