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By Ben Traynor |
February 27, 2013
U.S. dollar gold bullion prices fell slightly in Wednesday morning's London trading, but held above the $1,600 per ounce level it rallied above yesterday after Federal Reserve chairman Ben Bernanke told Congress that that Fed's ongoing quantitative easing policy "is providing important support to the recovery."
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By Ben Traynor |
January 23, 2013
Gold continued to hover near one-month highs above $1,690 an ounce Wednesday morning, where it has spent most of this week, with dealers in India and China citing a slowdown in physical bullion demand.
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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 Ben Traynor |
September 19, 2012
The spot gold price fell to $1,772 an ounce Wednesday morning in London, a few hours after hitting its highest level for nearly seven months after the Bank of Japan became the latest central bank to announce further quantitative easing measures.
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By Ben Traynor |
August 15, 2012
The wholesale market gold price fell back below $1,600 an ounce during Wednesday morning's London trading, hitting its lowest level for nearly two weeks, while European stock markets also traded lower.
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By Ben Traynor |
July 18, 2012
Wholesale market gold prices ticked lower Wednesday morning in London, dropping below $1,580 an ounce, while stock markets and commodities were broadly flat and US Treasuries gained.
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By Ben Traynor |
July 6, 2012
US dollar gold bullion prices continued falling during Friday morning's London trading, extending losses from the previous day to hit $1,592 an ounce by lunchtime, while stocks traded lower and US Treasury bonds gained ahead of release of June nonfarm payrolls data.
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By Ben Traynor |
June 20, 2012
Spot market gold prices dropped back towards $1,600 an ounce ahead of Wednesday's US trading – 1.5% down on last week's close – while stocks and commodities were broadly flat and US Treasuries fell ahead of the Federal Reserve policy decision due later today.
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By Ben Traynor |
March 8, 2012
Dollar prices to buy gold were struggling to stay above $1,700 an ounce Thursday lunchtime in London, following the latest monetary policy announcements from the Bank of England and European Central Bank.
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By Ben Traynor |
March 5, 2012
Gold prices briefly fell back below $1,700 per ounce for the second time in a week during Monday morning's London trade, as stocks, commodities and the euro all dipped lower before recovering some ground, following news that China has cut its official target for growth.