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By Mark O'Byrne |
December 3, 2012
Gold is marginally higher today, after finishing its second monthly decline in a row, despite safe haven demand due to US “fiscal cliff” and currency debasement concerns. Interest in the yellow metal as diversification remains robust.
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By Jon Nadler |
November 2, 2012
The US dollar broke substantially above the pivotal 80.00 mark on the trade-weighted index this morning, prompting fairly sizeable selling in the precious metals’ complex. Spot gold fell to an overnight low of $1,705 while spot silver showed bids near $31.80 per ounce.
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By Ben Traynor |
November 2, 2012
Spot market prices to buy gold in dollars dropped to below $1,710 an ounce Friday morning, reversing gains from earlier in the week, while stocks and commodities fell and the US dollar rallied ahead of the release of key US jobs data.
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By Adrian Ash |
November 1, 2012
Wholesale prices to buy gold rose to seven-session highs in London on Thursday morning, touching $1,726 per ounce even as new data showed US employment rising at its fastest pace since February.
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By Ben Traynor |
October 4, 2012
Spot market prices to buy gold climbed to $1,794 an ounce ahead of Thursday's US session, a new 2012 high, while stock markets were broadly flat and US Treasury bonds fell ahead of the publication of minutes from the latest Federal Reserve policy meeting.
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By Jon Nadler |
October 4, 2012
Gold moved $10 higher ahead of the ECB rate announcement and it once again neared the Monday high. Silver added $30 cents and traded just above the $35 level. Market participants continue to target the $1,800 and $35.50 closing levels in the gold/silver duo.
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By Ilya Spivak |
October 4, 2012
Commodity prices are edging higher overnight as risk appetite firms across Asian bourses following a supportive set of US economic data. Sentiment-linked crude oil and copper prices followed shares higher while gold and silver found de-facto support.
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By Ilya Spivak |
October 3, 2012
Commodities are in recovery mode having entered the European session on the defensive amid broad-based risk aversion. The sour mood followed disappointing data from China and Australia overnight.
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By Mark O'Byrne |
October 1, 2012
Gold was down Monday after seeing its largest quarterly rise in over two years, as it tracks a weaker euro on Spain’s struggle to control its finances deeply troubles investors.
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By Jon Nadler |
September 7, 2012
This morning’s opening in New York brought with it some modest selling by participants ahead of the US Labor Department’s August jobs data. The principal take-away number was the decline in US unemployment to 8.1%.