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By Nick Barisheff |
April 16, 2013
After gold lost $84 an ounce last Friday, we can conclude the beneficiaries were not gold investors who panicked and sold, but rather those who are fighting to preserve the reputation of the U.S. dollar and the fiat currency model that underpins the global economy.
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By Jon Nadler |
January 18, 2013
Gold prices touched a one-month high near $1,699 on Thursday as a slightly weaker greenback and a spike in black gold inspired short-term specs to buy the metal at its daily lows in the morning hours.
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By Ben Traynor |
November 28, 2012
It used to be taken for granted that you could put aside some money and earn enough interest to be better off than when you started. As the world continues to struggle with the aftermath of an enormous credit boom, this kind of objective seems hopelessly naïve.
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By Ben Traynor |
November 27, 2012
The dollar gold price fell below $1,750 an ounce Tuesday morning, though it remained near to where it started the week, as stock markets recovered yesterday's losses following news of a deal on Greece's debt burden.
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By Ben Traynor |
November 26, 2012
US dollar prices to buy gold fell back below $1,750 an ounce, a few dollars below where they closed last week following Friday's rally, while stocks and commodities also edged lower and US Treasuries gained ahead of further discussion on Greece.
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By Ben Traynor |
November 21, 2012
Wholesale gold bullion prices climbed back above $1,725 an ounce Wednesday while stocks and the euro recovered losses made in Asian trading immediately after European policymakers failed to reach a deal on Greece.
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By Ben Traynor |
November 13, 2012
Price for gold bullion on the wholesale market rose to $1,730 an ounce this morning in London, after drifting lower overnight, as the euro jumped half-a-cent against the dollar.
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By Mark O'Byrne |
November 13, 2012
Gold edged down on Tuesday on low volumes when the euro dropped to a two-month low against the US dollar despite confusion about a deeper bailout package for Greece which has driven many investors to wait on the sidelines.
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By Peter Krauth |
October 24, 2012
We're talking about some of the largest and best-informed, most sophisticated pension funds, private banks, and asset managers in the world and the wide majority of them think a "black-swan" type event could strike before this time next year.
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By Ben Traynor |
October 12, 2012
The US dollar gold price eased lower Friday morning in London, falling to $1,767 an ounce, 0.7% down on the start of the week, while stock markets also ticked lower and commodities were broadly flat. The silver price fell below $34 an ounce.