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By Ben Traynor |
October 31, 2012
Wholesale gold bullion prices rallied to a one-week high at $1,720 an ounce Wednesday morning in London, though they still looked set to record a loss on the month, while European stocks opened higher before losing some ground.
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By Brian Sylvester |
April 13, 2012
While markets do not always reward every deserving company, quality deposits carry an intrinsic value. That's why the managing editor of The Emerging Trends Report advises investors to "buy the resource" over the stock.
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By Mark O'Byrne |
March 22, 2012
Gold has broken below recent support at $1,640/oz. and reached as low as $1,632.45/oz. this morning – below its recent low and its lowest price since January 16. Gold looks like it will go lower on technical weakness and the next level of support is $1,600/oz.
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By Jon Nadler |
September 8, 2010
Gold prices bucked an emergent trend and continued to approach the $1,265 June high as uniformly exuberant hedge fund managers and market timers were betting on nothing but clear skies in the bullion weather forecast.
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By Jon Nadler |
September 7, 2010
Whatever selling pressure the US dollar and a drop in crude oil had exerted upon gold prior to, and just after the opening of, the New York session this morning, dissipated along with the arrival to work in full force of the hedge fund crowd.
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By Jon Nadler |
August 20, 2010
Gold trading opened with a small $1.50 loss on this, the last trading day of the week. Spot prices started off the session at the $1,230.90 level, following an overnight dip to near $1,227.00 the ounce.
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By John Browne |
May 13, 2010
As the health of much of the global economy weakens on a daily basis, political leadership increasingly ignores the source of the malady and instead focuses on short term "band-aid" remedies.