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By Jon Nadler |
September 17, 2012
Precious metals prices headed a bit lower at the opening this morning, mainly on the back of light profit-taking that ensued after the euro retreated and the US dollar rose owing to apprehensions about Europe and Asia.
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By Eric McWhinnie |
June 27, 2012
Earlier this month, US federal bank regulators asked for comments on a move that would place a “zero-risk-weight” rating on gold bullion held in banking organization’s own vaults, or held in another depository institution’s vaults on an allocated basis.
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By Eric McWhinnie |
May 31, 2012
Looking in the rear-view mirror, patience has clearly been a smart strategy for investing in precious metals. While some may expect bullion demand to be significantly lower from falling gold prices, demand for gold as an insurance policy on fiat currencies remains high.
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By Mark O'Byrne |
May 30, 2012
Gold is weaker again today despite heightened risk aversion on fears that the euro crisis is escalating. Concerns about Italy have resurfaced after their 10-year bond yield rose above the important 6% level this morning.
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By Ilya Spivak |
May 30, 2012
Commodity prices are trading sharply lower as risk aversion grips financial markets. Sentiment-sensitive crude oil and copper prices are following stocks lower while gold and silver face de-facto selling pressure as haven flows boost the US dollar.
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By Austin Kiddle |
May 30, 2012
What has caused the sharp turnaround in the euro, gold and oil? The uncertainty in Spanish banks and Greek election outlook will also likely suppress gold trading volume.
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By Eric McWhinnie |
April 17, 2012
The ongoing European debt crisis is slowly creeping back into focus as Spain faces rising interest rates. While safe-havens in the current financial system are limited, the IMF recognizes gold as an option for investors seeking portfolio protection.
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By Ben Traynor |
July 27, 2011
Gold bullion prices set a new intraday record of $1,625 per ounce in Wednesday's Asian trade - 1.5% up on Friday's close - before easing back slightly after London opened.