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By Frank Holmes |
October 8, 2012
Gold investors have recognized the correlation by returning to gold en masse. In August, investors rushed into gold, with the massive inflows of money going into the gold exchange traded products in August more than each of the prior five months.
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By Ben Traynor |
October 1, 2012
Spot market gold bullion prices dipped below $1,770 an ounce during Monday morning London trading, though they remained in line with the last fortnight's price action, while European stock markets rallied along with the euro.
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By Adrian Ash |
September 26, 2012
Wholesale gold prices in US dollars dipped beneath $1,760 per ounce for the third time this week in London on Wednesday morning, gaining against the euro and sterling as those currencies fell faster.
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By Austin Kiddle |
September 21, 2012
Analysts have been revising up their gold price forecasts given the "open-ended" monetary stimulus from the major central banks which would likely benefit gold price over other types of commodities.
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By Ben Traynor |
September 14, 2012
Wholesale market gold bullion prices held above $1,770 an ounce for most of Friday morning's London trading, near their six-month highs hit after the US Federal Reserve announced a third round of quantitative easing (QE3).
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By Ben Traynor |
September 7, 2012
Spot market prices for buying gold rose to $1,698 an ounce Friday morning, in line with where they started the week, while stock markets also rose, following yesterday's announcement of the European Central Bank's bond market intervention plan.
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By Mark O'Byrne |
September 6, 2012
Gold rose in all major currencies today and topped $1,700/oz in London for the first time since March on speculation ECB would announce further monetary easing. While gold rose 1%, silver surged another 2%.
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By Ben Traynor |
September 4, 2012
Wholesale prices to buy gold bullion hovered above $1,690 an ounce Tuesday morning in London, in line with where they started the week, while stocks and commodities were broadly flat.
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By Adrian Ash |
July 12, 2012
The wholesale bullion gold price continued to weaken Thursday morning in London, dropping to new two-week lows beneath $1,565 per ounce on what analysts called "disappointment" over the latest monetary policy minutes from the US Federal Reserve.
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By Ben Traynor |
July 10, 2012
Wholesale prices for gold bullion climbed to $1,597 an ounce during Tuesday morning's trading in London – their highest level so far this week – while stock markets also ticked higher following news that Spain should receive some financial assistance for its banks later this month.