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By Adrian Ash |
June 4, 2013
The wholesale gold price slipped back below $1,400 per ounce Tuesday morning in London as world stock markets rose and the Indian government tightened restrictions on gold importers once again.
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By Adrian Ash |
May 20, 2013
What use is gold? Besides jewelry, outrageous cutlery, money, microchips and a thin veneer for astronauts' visors, gold once got sizable demand from dentists.
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By Austin Kiddle |
May 17, 2013
As inflation is low and equity markets are rising, gold-backed ETP investors have been rotating out of gold. The SPDR Gold Trust holdings dropped to a four-year low to 1,041 metric tons yesterday.
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By Ben Traynor |
May 1, 2013
Wholesale prices for gold bullion drifted lower Wednesday morning in London, dipping below $1,470 an ounce, although it remained slightly up on where it started the week.
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By Jeff Berwick |
April 22, 2013
How is it possible gold goes down $200 in the paper market while there is almost no supply available to buy around the world? Last I checked, dwindling or completely absent supply against steady and increasing demand means higher prices, not sudden price drops.
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By Frank Holmes |
April 16, 2013
The U.S. mining industry was dealt a devastating blow as Kennecott Utah Copper’s Bingham Canyon Mine experienced a pit wall failure causing a massive landslide with rocks and dirt covering the bottom of the mine pit.
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By Ben Traynor |
April 12, 2013
"Current momentum favors a test to the downside," say technical analysts at Scotia Mocatta, "but we would not expect significant liquidation until a break of $1,500."
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By Adrian Ash |
April 8, 2013
The gold price ticked lower against the U.S. dollar early Monday, but held onto the bulk of Friday's sharp rally at $1,577 per ounce as world stock markets rose alongside commodities.
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By Ben Traynor |
April 3, 2013
Following a sharp drop yesterday, the gold price traded near one-month lows Wednesday morning, hovering just above $1,570 an ounce by lunchtime in London, as stock markets ticked lower following gains yesterday.
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By Brian Sylvester |
April 1, 2013
Christos Doulis travels the world for Stonecap Securities looking for mining companies that can contain costs; companies that can't contain costs because of rising labor and energy bills are not profiting from higher gold prices.