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By Guillermo Barba |
January 24, 2013
It is official: Germany is set to repatriate a large share of its gold reserves. This is one of the most definitive measures the country has taken in light of the ongoing global crisis.
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By Mark O'Byrne |
October 23, 2012
Gold edged down on Tuesday, in tandem with equities that relinquished gains, however demand from jewelers supported prices as investors await a policy statement from the US Federal Reserve meeting to be released on Wednesday.
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By Ben Traynor |
September 17, 2012
The wholesale cost of buying gold dipped below $1,770 an ounce during Monday morning trading in London, but remained less than ten Dollars below their six-month high hit last Friday, after the US Federal Reserve announced a third round of quantitative easing.
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By Mark O'Byrne |
April 16, 2012
The weakness seen on the Friday Comex close continued in Asia when gold fell to as low as $1,640.50/oz. prior to a slight bounce on European trading. While gold fell 1% on Friday, bullion still managed to record a 1.7% weekly rise in dollars and gains in other currencies.
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By Ben Traynor |
December 16, 2011
Gold prices touched $1,600 per ounce Friday lunchtime in London - a 2.3% rally from this week's lows - while stocks and commodities flat. "Physical market demand continues to improve," says Walter de Wet, Standard Bank commodities strategist.