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By Mark O'Byrne |
February 20, 2013
James Steel, HSBC analyst, talks about the outlook for gold and silver markets. He speaks with Sara Eisen, Alix Steel and Adam Johnson of Bloomberg and recently just revised his silver forecast.
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By Austin Kiddle |
February 20, 2013
Speculators reduced their bets on rising commodities prices by 15% in the week ending Feb. 12, the largest weekly reduction since mid-November. However, the cleaner positioning can prepare the stage for a gold price rebound.
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By Mark O'Byrne |
February 19, 2013
The pound took a fresh beating yesterday as concerns of currency wars and debasement of sterling led to another sell-off and experts said the currency was at risk of a "large-scale devaluation."
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By Adrian Ash |
February 15, 2013
Gold prices fell again Friday morning in London, trading at a six-month low beneath $1,627 per ounce as the U.S. dollar continued to rise on the currency market.
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By Mark O'Byrne |
February 15, 2013
Soros’ gold ETF sale is again garnering much media coverage. It is worth noting that his position was quite small especially when compared to levels of demand coming from consumers in Asia and central banks internationally.
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By Mark O'Byrne |
February 14, 2013
Gold edged up on Thursday, as bargain hunters showed buying interest and gold was particularly strong in euro terms after data from Europe confirmed the continent remains very vulnerable to economic shocks.
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By Ben Traynor |
February 13, 2013
The dollar gold price drifted back below $1,650 an ounce Wednesday morning, 1.1% down on the week so far, although it jumped higher in Sterling following after a Bank of England report said policymakers are prepared to "look through" persistently high U.K. inflation.
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By Justin Pugsley |
February 13, 2013
At some point central banks will probably give up on QE, reasoning that the balance of risks outweighs positive outcomes. Until policy makers come to that conclusion, there's still a bullish case to be made for gold.
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By Marcus Holland |
February 11, 2013
The rally in the dollar has created headwinds for gold futures prices, pushing the yellow metal toward support levels. Dollar strength has come on the heels of better than expected U.S. data that has push interest rate differentials in favor of the dollar.
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By Mark O'Byrne |
November 12, 2012
Gold is 0.25% higher this morning after posting the biggest weekly gain (+3.3%) since late August on safe haven buying driven by worries about the US fiscal cliff and economy.