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By Valentin Petkantchin |
December 13, 2012
The yellow metal is increasingly valued as a reserve asset, which will tend to push the price up, independently of all other factors. Due to new regulations, you may also have to bid in the future alongside financial institutions, including several banks, to acquire it.
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By Eric Sprott, David Baker |
June 25, 2012
We note the contrast between the reporting companies who by law cannot lie about their fiscal realities, versus central planners who admit that they must lie to preserve calm and control. We'll leave it to you to decide whose version of the truth you want to believe.
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By Ben Traynor |
June 22, 2012
Wholesale market gold prices traded as low as $1,560 an ounce Friday morning, before recovering some ground by lunchtime in London, while European stock markets were also down and commodities were broadly flat. Silver prices meantime sank to a 2012 low at $26.64 an ounce.
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By Ilya Spivak |
June 22, 2012
Commodities are on the upswing on European trade as profit-taking gently lifts risk assets following yesterday’s aggressive selloff, overshadowing headwinds from a disappointing German IFO reading.
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By Adrian Ash |
June 21, 2012
The wholesale market gold price fell further Thursday in London, falling hard to eight-session lows at $1,587 per ounce following last night's "no change" decision from the Federal Reserve on new US quantitative easing.
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By Ilya Spivak |
June 21, 2012
Commodity prices are trading sharply lower in early European trade, mirroring a selloff across the region’s stock exchanges. The rout follows a dismal set of euro-zone PMI figures.
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By Ben Traynor |
June 20, 2012
Spot market gold prices dropped back towards $1,600 an ounce ahead of Wednesday's US trading – 1.5% down on last week's close – while stocks and commodities were broadly flat and US Treasuries fell ahead of the Federal Reserve policy decision due later today.
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By Mark O'Byrne |
June 20, 2012
Gold dipped today despite Wall Street hopes that the US Fed will embark on more QE. As we have said for some time QE3, or a new term for electronic and paper money creation, is a certainty and this will lead to inflation hedging and safe haven demand for gold....
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By Ben Traynor |
June 19, 2012
The US dollar gold price hovered around $1,630 an ounce during Tuesday morning's trading in London – in line with where it ended last week – while stocks and commodities were also broadly flat ahead of the latest Federal Reserve policy meeting.
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By Ilya Spivak |
June 19, 2012
Commodity prices are sending mixed signals ahead of the opening bell on Wall Street, reflecting a notable departure from familiar trends. While European shares are edging higher, the typically sentiment-driven crude oil and copper show modest losses.