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By Mark O'Byrne |
June 12, 2013
The world’s biggest banks have been manipulating benchmark foreign-exchange rates used to set the value of trillions of dollars of investments, according to a Bloomberg investigation.
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By Mark O'Byrne |
June 4, 2013
The premium gold buyers in China are willing to pay to take immediate delivery of gold, as bullion jumped four-fold in April after prices fell sharply. Store of wealth buyers thronged jewelry stores and bullion brokers in China.
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By Adrian Ash |
June 3, 2013
London prices to buy gold and silver rose in volatile trade Monday morning, recovering Friday evening's late losses as Asian and European stock markets fell hard.
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By Frank Holmes |
May 29, 2013
The more important demand for gold, in my opinion, comes from the enduring Love Trade, as countries like China and India buy the precious metal out of love and tradition.
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By Ben Traynor |
May 15, 2013
The world's biggest gold exchange traded fund SPDR Gold Trust could lose up to a further four million ounces (almost 125 tonnes) to add to the nearly 300 tonnes it has lost through redemptions since the start of the year.
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By Ben Traynor |
May 10, 2013
Spot market gold bullion prices fell to two-week lows Friday, drifting lower toward $1,440 an ounce during this morning's London session before dropping sharply through that level, as stocks gained and most commodities fell as the Dollar strengthened against major currencies.
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By Austin Kiddle |
May 1, 2013
Gold investors are keenly watching the direction of the gold-backed ETP holdings, which fell 174 metric tons or 7.1% in April to 2,275.84 metric tons. The SPDR gold holdings fell to a 43-month low to 1,078.54 tons at the end of April.
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By Austin Kiddle |
April 24, 2013
You have to distinguish between "the gold price," which reflects the paper gold futures prices and has collapsed, and "the price of gold," which represents the physical price of gold and has remained well-supported.
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By Brian Sylvester |
April 19, 2013
The recent fall in precious metals prices has investors on edge. Peter Rose, head of mining research with Fox-Davies Capital Ltd. in London, provides a European perspective on mining and advises looking at under-appreciated jurisdictions.
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By Ben Traynor |
April 10, 2013
Analysts at U.S. investment bank Goldman Sachs today cut their 12-month gold price forecast from $1,550 to $1,390 per ounce, and advised clients to sell gold short using futures contracts.