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Why the Gold Price Today Is Up After Swiss Vote
The gold price today (Monday) rose as much as $50 per ounce after Switzerland voted Sunday to reject a referendum that would force the Swiss National Bank to hold some 20% (about $540 billion) of its reserves in gold.
Now with a firm "nay" vote in place, gold prices were pressured initially - but only momentarily...
The gold price today (Monday) rose as much as $50 per ounce after Switzerland voted Sunday to reject a referendum that would force the Swiss National Bank to hold some 20% (about $540 billion) of its reserves in gold.
Now with a firm "nay" vote in place, gold prices were pressured initially - but only momentarily...