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By Ben Traynor |
May 18, 2012
Wholesale market gold prices climbed as high as $1,594 an ounce during Friday morning's London trading, jumping 1.5% in the first two hours, while Eurozone stocks looked to have stemmed four days of losses despite Greece and Spain seeing negative ratings decisions.
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By Ben Traynor |
April 24, 2012
Gold prices rallied to $1,643 per ounce by Tuesday lunchtime in London – 1.2% up on yesterday's low, but still shy of where they closed last week – ahead of tomorrow's Federal Reserve decision and with euro zone concerns focusing on the Netherlands.
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By Ben Traynor |
March 27, 2012
The gold price hovered just below $1,700 per ounce Tuesday morning in London – over 4% up on its low last week – before easing ahead of US markets open as the US dollar regained some of the ground it lost on Monday.
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By Ben Traynor |
March 13, 2012
Gold prices drifted as low as $1,694 per ounce Tuesday morning in London – 1.3% down on the week so far – while stocks and commodities rose slightly and US Treasuries dipped ahead of today's US Federal Reserve interest rate decision.
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By Ben Traynor |
February 28, 2012
Gold prices hit $1,781 per ounce Tuesday lunchtime in London – 0.3% off last week's high – while stocks and the euro gained, as euro-zone leaders postponed a decision on whether to increase the size of the single currency bailout fund.
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By Adrian Ash |
January 10, 2012
Spot gold prices touched a new three-week high against the US dollar in London on Tuesday morning, trading above $1,638 per ounce as world stock markets rose with industrial commodities. Silver bullion leapt above $30 per ounce.
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By Ben Traynor |
November 28, 2011
The gold price rallied to $1,718 per ounce Monday morning in London - 2.1% up on Friday's close - while stocks and commodities also saw strong gains following news that leaders may be close to an agreement on the euro-zone rescue fund.
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By Ben Traynor |
November 9, 2011
Spot market gold bullion prices rose sharply to $1,797 per ounce Wednesday lunchtime in London - over 3% higher than the same time a week earlier - as the European debt crisis intensified its grip on Italy.
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By Nick Barisheff |
October 11, 2011
That gold continues to climb a wall of worry, and that so many are even calling it a bubble, is actually an extremely bullish indicator since financial bubbles burst only after sustained periods of exuberance.
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By Ben Traynor |
September 19, 2011
Gold bullion prices fell back to $1,813 per ounce Monday lunchtime in London - roughly where they closed last week - following a sharp rise at the start of Asian trading that saw the gold price jump 0.8% in half an hour.