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By Jon Nadler |
April 19, 2011
A quiet start was on tap for gold and silver this morning as no significant changes took place in the crude oil and currency markets. Platinum and palladium staged modest advances however.
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By Jon Nadler |
January 21, 2011
Gold and silver extended Thursday's deep losses early on Friday as leftover selling continued to be visible and the probability of margin call-related selling rose significantly. Gold fell to two-month lows at $1,340.00 basis spot bid values.
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By Jon Nadler |
January 19, 2011
Gold's early gains (it rose to highs near the $1,380.00 level on the offer side of spot) narrowed considerably as the day wore on, and they did so despite not much of a recovery in the US dollar on the trade-weighted index.
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By Frank Holmes |
October 18, 2010
If demand for automobiles continues to rise in China, the US and other emerging markets such as Brazil, Russia and India, it's possible we could see a large deficit in supply during the next couple of years.
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By Jon Nadler |
May 19, 2010
Support in gold is thought to be found between the broader $1180-1200 band and resistance has now materialized in the $1220-1230 area. The dukefest of the specs versus governments will define the action as we head into pre-weekend book-squaring time.