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By Ben Traynor |
March 25, 2013
U.S. dollar gold prices fell back below $1,600 per ounce Monday morning in London, falling back toward where they started last week, as stocks and commodities gained after news that Cyprus has agreed a bailout deal.
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By Ben Traynor |
March 14, 2013
"The U.S. stock market [is] now increasingly viewed as gold's main 'competition' for investment Dollars," says Ed Meir, metals analyst at brokerage INTL FCStone.
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By Mark O'Byrne |
January 16, 2013
Germany’s central bank will repatriate part of its $200 billion gold reserves stored in vaults in the Federal Reserve in New York and the Banque de France in Paris. It is believed that the Bundesbank may have repatriated the gold to be prepared for a systemic crisis and currency crises.
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By Ben Traynor |
December 5, 2012
The wholesale market gold price traded just above $1,700 an ounce during Wednesday morning in London, having risen back above that level in the earlier Asian session, though they remained near one-month lows.
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By Ben Traynor |
November 13, 2012
Price for gold bullion on the wholesale market rose to $1,730 an ounce this morning in London, after drifting lower overnight, as the euro jumped half-a-cent against the dollar.
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By Ben Traynor |
November 8, 2012
Spot market gold prices hovered just below $1,720 an ounce Thursday morning in London – 2.4% up on last week's close – while stocks recovered some ground and the dollar ticked higher as central banks in the UK and Europe left monetary policy unchanged.
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By Ben Traynor |
November 7, 2012
Spot prices for buying gold fell back to $1,720 an ounce Wednesday morning in London, after hitting two-week highs following news of the re-election of Barack Obama as US president.
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By Ben Traynor |
October 30, 2012
The spot market gold price traded just below $1,715 an ounce during Tuesday morning's London session, little changed from last week's close, while European stock markets recovered their losses from a day earlier and UK and German government bond prices fell.
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By Ben Traynor |
October 19, 2012
The spot gold price traded lower to $1,732 an ounce Friday morning in London, near one-month lows, while stock markets and the euro also fell as a two-day European summit came to a close with several issues unresolved.
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By Ben Traynor |
October 9, 2012
Spot market prices for buying gold eased to just above $1,770 an ounce during Tuesday morning London trading, around ten dollars below where they started the week, while stocks and commodities were broadly flat.