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Growing Gold Demand Leads to Delinking from Traditional Relationships

The price of gold this year has increased significantly, even going as far as to record new highs in May. The precious metal has continued defying conventional market correlations with equity markets and the U.S. dollar, as investors in America increase their physical buys.

During this period, we have also observed steady demand of gold from China and strong purchases from central banks as well. Customs data from…

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NOTE TO INVESTORS: The latest news and updates relating to Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) are available in the company’s newsroom at http://ibn.fm/ELRRF

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MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsWire
Los Angeles, CA
www.MiningNewsWire.com
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Editor@MiningNewsWire.com

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