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By Ben Traynor |
August 31, 2012
Wholesale prices to buy gold bullion hovered close to $1,660 an ounce Friday morning in London, around $10 below where they started the week ahead of today's much-anticipated Bernanke speech and Monday's Labor Day holiday in the US.
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By Eric Sprott, David Baker |
August 24, 2012
Although it’s been a quiet summer for “hard assets” like gold and silver, this low-to-no rate environment should prove to be beneficial for them over time. The tide is definitely turning in their favor. Various bond commentators have recently come out in support of hard assets.
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By Ben Traynor |
August 21, 2012
Spot market prices to buy silver rose to their highest level in two months Tuesday, hitting $29.09 per ounce – 3.5% up on last week's close – after extending gains from yesterday's trading.
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By Ben Traynor |
August 20, 2012
Spot market gold bullion prices dipped back below $1,615 an ounce during Monday morning's London trading, the level at which they ended last week. Silver bullion meantime failed to hold on to gains from Monday's Asian trading.
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By James Turk |
August 9, 2012
Absent a 180-degree about-face in thinking and government policy, the euro will end up in the fiat currency graveyard. It will go the way of every other currency in which politics were considered more important than free markets.
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By Ben Traynor |
July 10, 2012
Wholesale prices for gold bullion climbed to $1,597 an ounce during Tuesday morning's trading in London – their highest level so far this week – while stock markets also ticked higher following news that Spain should receive some financial assistance for its banks later this month.
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By Ben Traynor |
July 2, 2012
US dollar gold bullion prices hit $1,597 an ounce during Monday morning trading in London – in line with where they ended last week – while European stock markets ticked higher following the release of better-than-expected European manufacturing data.
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By Ben Traynor |
June 25, 2012
Wholesale market gold bullion prices dropped below $1,570 an ounce during Monday morning's London session, though they remain broadly in line with where they ended last week, with markets focused on this week's European leaders' summit.
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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 Ben Traynor |
June 18, 2012
The spot market gold price hovered around $1,620 an ounce during Monday morning trading in London – slightly below last week's close – while stock and commodity markets were also broadly flat, after initial rallies