Commodity Blog |
| Cyprus News Turns Advantageous for Gold Posted: 18 Mar 2013 08:46 AM PDT Gold turns out to be one of the best performing asset following the unprecedented (at least in modern developed economies) bank deposit levy planned by the Republic of Cyprus. The precious metal was among few rising commodities today setting a new monthly high. 9.9% one-time tax for accounts bigger than €100,000 and 6.75% one-time tax for accounts holding less than that amount will be discussed by the Cypriot parliament tomorrow. It [...] |
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