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By Eric McWhinnie |
April 16, 2012
After having a strong performance the prior day, the markets experienced a broad pullback Friday as growth data from China disappointed investors. Gold prices fell more than 1.5%, while silver dropped 3.3%.
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By Eric McWhinnie |
March 19, 2012
While gold and silver have struggled in March, this appears to be momentary breather from their decade long winning streak. Inflation and budget concerns still persist and more debt-based solutions will only add to the problem.
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By Mark O'Byrne |
March 12, 2012
Gold fell today as the US dollar rallied to its highest price in more than seven weeks. Investors may be waiting for the US Federal Reserve meeting tomorrow before making further commitments in the market.
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By Jon Nadler |
March 2, 2012
Friday’s initial tilt in the precious metals markets was to the downside as the US dollar continued to strengthen and it reached 79.30 on the trade-weighted index. Gold spot prices fell by about $11 to the $1,706 area.
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By Jon Nadler |
December 29, 2011
The week that was supposed to be a calm and mostly boring one for gold and other precious metals players turned uglier by the minute as sellers demolished one support level after another and took no prisoners.
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By Ben Traynor |
October 25, 2011
Spot gold prices rose to $1,664 per ounce Tuesday morning in London - 1.8% off this month's high - while stocks and commodities also gained and US Treasury bonds fell, following reports that negotiators demanded larger Greek debt writedowns.
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By Jon Nadler |
July 13, 2011
Metals markets opened firm and continued firmer on Wednesday as reverberations of the European crisis coupled with the parsing of the Fed's meeting minutes prompted additional buying by momentum players as well as the retail investor segment.
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By Jon Nadler |
June 27, 2011
An overnight dip to the $1,490 area reignited perceptions that whatever the scope gold's recent falling away from the $1557 level might be, the decline might not draw to a close at least until some support is tested nearer $1,480.
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By The Mad Hedge Fund Trader |
May 5, 2011
What would happen if I recommended a stock that had no profits, was cash flow negative, and had a net worth of negative $44 trillion? Chances are, you would de-friend me from you Facebook account and delete me from your address book.
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By Mark O'Byrne |
March 3, 2011
Gold and silver have recovered somewhat from slight falls in Asia overnight. With geopolitical instability looking set to climb and possibility of a military confrontation in the Mediterranean, any sell off of precious metals will likely be tentative.