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By Mark O'Byrne |
April 12, 2013
Let's start with the big question again; gold has had a bit of a rough ride of late, what's your outlook from here, back up, or lower still?
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By Mark O'Byrne |
November 15, 2012
Gold edged down on Thursday, but the looming US fiscal cliff, Eurozone debt problems and rising Middle East tensions continue to enhance the yellow metal’s safe haven appeal.
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By Mark O'Byrne |
April 17, 2012
In volatile trade in New York yesterday, gold rose sharply prior to falling and ended $4.40 lower or 0.27% and closed at $1,651.70/oz. Gold initially took a dip in Asia and then recovered losses by the time European trading opened and has ticked higher.
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By Mark O'Byrne |
February 16, 2012
Global gold demand in 2011 was worth a mere US$205.5 billion, which is not a substantial sum considering the size of global capital markets today. But it was the first time that global demand has exceeded US$200 billion, and it was the highest-tonnage level since 1997.
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By Mark O'Byrne |
February 15, 2012
Significant macroeconomic and geopolitical risk plus the appalling fiscal state of most major industrial nations means that all fiat currencies will almost certainly fall against gold in the coming months.Total gold ETF holdings meanwhile are rising to near record levels.
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By Mark O'Byrne |
February 14, 2012
Safe haven demand for gold continues due to concerns that Greece’s “bail out” is yet another short-term panacea and Moody's downgrades of various European nations' ratings have reignited contagion fears.
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By Mark O'Byrne |
February 6, 2012
Spot gold bounced back in Asian trading Monday as investors snatched up bargains after a 2% dip the previous session. The Greek debt debacle is still supporting the price as a deal remains elusive.
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By Mark O'Byrne |
January 12, 2012
All eyes are glued to the European Central Bank's monetary policy and interest rate announcement scheduled later today. Gold rose above $1,650 an ounce in Europe on Thursday as the euro climbed against the dollar.
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By Mark O'Byrne |
January 10, 2012
Gold has risen for the first time in three days. Asian stocks and the euro also gained today before Germany's Merkel meets with the IMF's Lagarde in Berlin, a day after meeting France's Sarkozy on the Greek and euro-zone debt.
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By Mark O'Byrne |
January 9, 2012
Gold prices are marginally higher after the 3% gain seen last week. Gold tentative gains come despite the dollar gaining strength due to the European crisis, where a poor or failed debt auction this week could see a bout of renewed risk aversion.