on the website "Hua Seng Heng", images of past movements, the price of Spot gold has recovered to 27 US dollars after the previous week's price dropped sharply to a 2-week low. Investors have returned to buy gold, supported by a weaker dollar. Moody's announced a downgrade of the US credit rating from Aaa to Aa1 on Friday (16 May) due to budget deficits and public debt as high as 36 trillion dollars.
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