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By Ben Traynor |
May 8, 2013
Wholesale market prices for buying gold climbed back above $1,460 an ounce during Wednesday morning's London trading, in line with its range over the last week, as stocks gained.
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By Ben Traynor |
May 2, 2013
The spec net long is viewed by many as a useful gauge of how bullish or bearish the market is. If the spec net long goes up, the implication is that speculators are growing more bullish. If it goes down, they're getting less so.
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By Ben Traynor |
April 30, 2013
Following a dip during Asian trading, the gold price climbed back above $1,470 per ounce Tuesday morning in London, broadly in line with where it was a day earlier, with China's markets shut for this week's Labor Day holiday.
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By Adrian Ash |
April 25, 2013
Wholesale gold rose to an eight-session high just shy of $1450 per ounce in London trade Thursday morning, recovering 45% of this month's near-record slump.
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By Ben Traynor |
April 24, 2013
The U.S. dollar gold price drifted back down towards $1,420 per ounce Wednesday morning in London, around 1.3% up on the week so far, amid ongoing reports of strong demand for physical gold bullion.
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By Mark O'Byrne |
April 16, 2013
Gold rebounded as store of value and diversification buyers deemed a 14% plunge over two days to be excessive and an Asian central banker said that policy makers may take the opportunity to buy.
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By Adrian Ash |
April 11, 2013
The wholesale price of gold rallied from one-week lows against the Dollar on Thursday morning, but continued to fall for UK and Euro investors, hitting four- and two-month lows respectively.
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By Adrian Ash |
April 9, 2013
"Physical demand [has been] offset by professional investor liquidation," says the latest quarterly review from German refining group Umicore.
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By Ben Traynor |
April 5, 2013
U.S. dollar gold prices climbed back towards $1,556 per ounce Friday morning in London, the level that was until yesterday's falls the 2013 low, as stocks and commodities fell ahead of the release of monthly U.S. jobs data.
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By Adrian Ash |
April 4, 2013
The price of gold extended its worst two-day drop vs. the dollar since June last year Thursday morning in London, falling as low as $1,540.50 per ounce before rallying to $1,551.