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By Ben Traynor |
February 12, 2013
Gold prices failed to recover yesterday's lost ground Tuesday morning as stocks and commodities eased higher, following news of a fresh nuclear test in North Korea and denials from policymakers that a currency war is taking place among major economies.
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By Ben Traynor |
February 4, 2013
Wholesale market gold prices hovered just below $1,665 per ounce Monday morning in London, having failed to hold onto gains in earlier Asian trading, as stocks and commodities also ticked lower along with the euro.
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By Ben Traynor |
October 29, 2012
U.S. dollar gold prices dropped below $1,710 an ounce Monday morning in London, below where they ended last week, after failing to hold onto gains made in Asian trading.
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By Ben Traynor |
October 22, 2012
After Monday's Asian session saw new six-week lows, the dollar gold price recovered some ground to trade near $1,725 an ounce Monday morning in London, while stocks and commodities were broadly flat and US Treasury bonds fell.
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By Ben Traynor |
October 16, 2012
Spot market prices to buy gold regained some ground Tuesday morning after dropping to a one-month low below $1,730 per ounce, gold's lowest level since the US Federal Reserve announced open-ended quantitative easing last month.
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By Ilya Spivak |
October 10, 2012
A risk-averse mood may carry forward into the opening bell on Wall Street, an outcome that stands to weigh sentiment-sensitive crude oil and copper prices. Meanwhile, gold and silver may see de-facto selling pressure as haven demand bolsters the US dollar.
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By Ben Traynor |
October 3, 2012
Spot market gold prices rallied to $1,781 per ounce ahead of Wednesday's US session, recovering from slight losses earlier in the day to stay in line with recent trading, while stock markets were broadly flat and the Euro reversed earlier gains.
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By Mark O'Byrne |
October 3, 2012
Gold continues to hover near its 11 month high in dollar terms and near new records and the €1,400 level in euro terms. The lack of confidence over Spain’s finances has kept investors alert as they await a US jobless report on Friday.
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By Ilya Spivak |
October 3, 2012
Commodities are in recovery mode having entered the European session on the defensive amid broad-based risk aversion. The sour mood followed disappointing data from China and Australia overnight.
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By Ben Traynor |
September 21, 2012
Wholesale gold bullion prices held above $1,770 an ounce Friday morning in London, a few dollars below six-month highs hit earlier in the week, while stocks and commodities were also broadly flat.