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By Mark O'Byrne |
November 12, 2012
Gold is 0.25% higher this morning after posting the biggest weekly gain (+3.3%) since late August on safe haven buying driven by worries about the US fiscal cliff and economy.
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By Mark O'Byrne |
June 27, 2012
Gold will likely be supported again at these levels due to the near certainty that European leaders will fail to come up with concrete measures to solve the region's debt crisis at this week's summit.
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By Mark O'Byrne |
June 20, 2012
Gold dipped today despite Wall Street hopes that the US Fed will embark on more QE. As we have said for some time QE3, or a new term for electronic and paper money creation, is a certainty and this will lead to inflation hedging and safe haven demand for gold....