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Daily Market Recap: March 19th, 2012

A mixed day on the markets, spot gold traded lower carrying over from the European session. The metal touched a low of $1652 in early trade.

A rallying U.S dollar vs. all major currencies, in particular, the Euro dollar was the theme of last week.  The greenback has given back some of those gains in early week trading as the Euro has rallied to 1.3242, the highest in a week. Spot gold followed the single currency higher taking itself to $1670.

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