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By Ben Traynor |
October 23, 2012
Wholesale prices for gold bullion dropped below $1,710 an ounce ahead of Tuesday's US session, its lowest level in over six weeks, as stocks and commodities also fell and the Dollar rallied, with two weeks to go until the US presidential election.
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By Ben Traynor |
September 12, 2012
The spot market gold price touched a new six-month high at $1,746 an ounce Wednesday morning, while stocks and the euro also rallied following a ruling by Germany's Constitutional Court cleared the way for the creation of a permanent euro-zone bailout fund.
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By Ben Traynor |
September 11, 2012
US dollar gold prices traded around $1,730 an ounce during Tuesday morning's London session, broadly in line with where they started the week, while European stock markets ticked lower and longer-dated US Treasuries dipped.
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By Ben Traynor |
September 10, 2012
The gold price drifted lower to $1,730 per ounce Monday morning in London, $10 below Friday's six-month high, while stock markets were broadly flat and US Treasuries fell. The silver price fell below $33.50 per ounce – around 20 cents below last week's close.
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By Ben Traynor |
September 7, 2012
Spot market prices for buying gold rose to $1,698 an ounce Friday morning, in line with where they started the week, while stock markets also rose, following yesterday's announcement of the European Central Bank's bond market intervention plan.
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By Ben Traynor |
August 24, 2012
Spot market gold bullion prices hovered just below $1,670 an ounce for most of Friday morning's London trading, a few dollars below yesterday's four-month high. Stock markets ticked lower and US Treasuries gained, as analysts speculate on the prospects for more quantitative easing .
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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 |
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.