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By Mark O'Byrne |
December 12, 2012
Gold is hovering unchanged ahead of the US FOMC policy statement that takes place at 1730 GMT and Ben Bernanke’s news conference is at 1915 GMT. Investors believe that the Fed will reveal more bond purchases and a continued loose monetary stance.
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By Mark O'Byrne |
November 6, 2012
Gold is relatively unchanged on Tuesday as investors await the US presidential election results, and remain cautious with news of Greece’s two-day general strike against the new austerity package plus the upcoming Chinese leadership transition.
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By Mark O'Byrne |
October 22, 2012
Gold edged down on Monday, as pressure from speculators exiting long positions and continued concern about the health of the global economy dampened interest. US commodities long bets have decreased to their lowest levels since the end of August.
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By Adrian Ash |
October 17, 2012
Wholesale bullion prices to buy gold recovered an early dip in London on Wednesday morning, rising back to $1,750 per ounce as European stock markets also rose and the single currency hit its best level in more than a month.
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By Ben Traynor |
October 4, 2012
Spot market prices to buy gold climbed to $1,794 an ounce ahead of Thursday's US session, a new 2012 high, while stock markets were broadly flat and US Treasury bonds fell ahead of the publication of minutes from the latest Federal Reserve policy meeting.
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By Deborah Baratz |
September 13, 2012
The gold bull market is alive and well, meaning now's the time for investing in gold exchange-traded funds (ETFs). Popular gold ETFs including SPDR Gold Trust ETF and the iShares Gold Trust ETF are nearing their February price highs after slipping in May. They are both up 10% year-to-date.
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By Ben Traynor |
September 11, 2012
US dollar gold prices traded around $1,730 an ounce during Tuesday morning's London session, broadly in line with where they started the week, while European stock markets ticked lower and longer-dated US Treasuries dipped.
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By Mark O'Byrne |
July 31, 2012
Gold is flat on Tuesday ahead of the US Federal Reserve's policy meeting later today where investors hope to receive some hints on the bank’s position on quantitative easing. Many analysts are not expecting large policy moves.
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By Mark O'Byrne |
July 30, 2012
The euro is under pressure today ahead of the euro-zone business sentiment data expected to show further weakness. Gold held steady above $1,620/oz. as investors wait for the central banks from Europe and the US to give definite signs on their plans for more QE.
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By Mark O'Byrne |
July 16, 2012
Sharp losses in the gold mining sector Friday and last week could presage further weakness today but the higher weekly closes for gold and silver were constructive from a technical perspective. After initial gains in Asia, gold fell in Asian trading.