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By Adrian Ash |
May 14, 2012
The price of gold and gold futures dropped yet again Monday morning, recording the seventh drop in nine trading days in May so far as industrial commodities, global stock markets and the euro currency all sank.
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By Ross Norman |
May 8, 2012
If, as we have said before, you can tell something of a market from how it behaves under adversity – then what does today's surprise fall to a five month low to key technical support on the trendline tell us?
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By Peter Cooper |
May 3, 2012
Far from being the usual boring consensus event for gold prices, the inaugural Dubai Multi Commodities Centre Precious Metals Conference struck a decidedly controversial note. It was good to see precious metal analysts battling it out with some contrarian views.
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By Mark O'Byrne |
March 27, 2012
Gold is consolidating on yesterday’s gains today above the 200-day moving average (simple) at $1,687/oz. after yesterday’s biggest daily gain since January. The gains came after Ben Bernanke warned of the risks to the fragile US economic recovery.
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By Adrian Ash |
March 22, 2012
The price to buy gold fell hard on London's wholesale market at the start of trade Thursday, dipping near to a 2012 low beneath $1,634 per ounce as world stock markets and commodity prices also dropped.
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By Mark O'Byrne |
March 14, 2012
Despite continuing caution regarding gold in western markets, lackluster buying and indeed some selling – there is still strong buying from Asia store of wealth buyers.
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By Jon Nadler |
February 29, 2012
Albeit gold did open about $2.50 higher in New York, yesterday’s enthusiasm levels were nowhere near detectable. We were confronted with abnormal concurrent headlines that observed gold trading at a five-month high and the DJIA closing above 13K for the first time.
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By Ben Traynor |
February 10, 2012
Gold prices were heading for their second weekly fall Friday lunchtime in London, as they drifted down towards $1,700 per ounce following European ministers' rejection yesterday of the latest austerity proposals from Greece.
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By Paul Van Eeden |
November 28, 2011
The performance of junior resource stocks since 2008 is closely correlated to that of aluminum, lead and zinc. That makes sense, because base metals are sensitive to existing economic conditions and to the market's expectation of future economic growth.
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By Jon Nadler |
October 3, 2011
Following its worst monthly performance in three years, gold enjoyed a successful attempt at starting the new one off on the right foot this morning. In various gold-oriented forums the "all-clear" signal has already been sounded.