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By Mark O'Byrne |
May 4, 2012
Gold is down 1.6% on the week. The gold market has seen peculiar, lackluster, low volume trading this week punctuated with sudden, oddly timed, very large sell orders. This leads to quick price falls followed either by slow, gradual recovery or a sharp bounce.
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By Ross Norman |
May 4, 2012
Gold futures dropped four days in a row by about 1.8% and ended at $1,634.80 on Thursday. The last time gold futures fell consecutively for four days was in December when the dollar surged and fear of European banking problems caused investors to rush to liquidity.
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By Frank Holmes |
April 17, 2012
Gold bulls have plenty of room to graze in the stockyard these days as the investing herd migrated to other assets during the market’s steep climb in 2012. For the fourth time in the past year, gold bears outnumbered the bulls in Bloomberg’s weekly Gold Bull/Bear Sentiment Survey.
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By Karen Roche |
March 13, 2012
With more than 40 years as an economist to his credit and claiming gold as the "biggest position in my life," the Gloom Boom & Doom Report publisher assures us that gold is nowhere near a bubble phase, but cautions that corrections of 40% are not unusual.
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By Ben Traynor |
March 5, 2012
Gold prices briefly fell back below $1,700 per ounce for the second time in a week during Monday morning's London trade, as stocks, commodities and the euro all dipped lower before recovering some ground, following news that China has cut its official target for growth.
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By Frank Holmes |
November 8, 2011
Combine the central bank purchases of gold with the fact that we are now entering the strongest months of the year for gold. November has historically been the strongest month of the year for gold equities, with mining stocks increasing 8.1%.
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By Jon Nadler |
September 26, 2011
If anyone thought that Friday's heart-stopping $100+ free-fall in gold was, well,... heart-stopping, they had better be thankful that they were asleep overnight, as the yellow metal fell some $130 and touched the $1,531
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By David Morgan |
August 31, 2011
The views on this topic vary. Some insist that both metals will do well under almost any economic conditions; some think neither gold nor silver will do well and others believe gold and gold alone will be the thing left standing. Confused? You should be.
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By Mark O'Byrne |
August 10, 2011
Gold prices held their ground late into trading Tuesday, even in the face of surging US equities. Buoyed by a Federal Reserve pledge to maintain a low interest rate policy until mid 2013, the Dow rose 612 points (5.7%) in the final 90 minutes of trade.
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By Jon Nadler |
June 24, 2011
Gold's steepest fall in nearly two months took place on Thursday as the commodities' sector also took a hit in values. Friday morning's trading action saw more follow-through selling in the precious metals' complex.