People's Bank of China to conduct a targeted medium term lending facility operation – Amount is 56.1bn yuan – for 1 year – rate is 2.95% (prior rate was 3.15% although last week
<p>We're into the time of year when flows dominate fundamentals so it's tough to pin down every market move. Gold's latest rally has pushed it up $14 to $2032 on the day.</p>
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