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By Elizabeth Campbell, Bloomberg |
June 17, 2013
Hedge funds cut wagers on a gold rally for the first time in three weeks on mounting speculation central banks will curb record stimulus and as this year’s slump in bullion spurred losses for billionaire John Paulson.
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By Ben Traynor |
June 12, 2013
Since falling sharply in April, gold has swung either side of $1,400 an ounce, with the gold price falling as low as $1,337 and as high as $1,478. Silver has also oscillated.
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By Ben Traynor |
September 19, 2012
The spot gold price fell to $1,772 an ounce Wednesday morning in London, a few hours after hitting its highest level for nearly seven months after the Bank of Japan became the latest central bank to announce further quantitative easing measures.
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By Ben Traynor |
August 28, 2012
Spot market gold prices traded just above $1,660 an ounce during Tuesday morning's London session, a few dollars down on last week's close, while stocks and commodities were also broadly flat on the day and US Treasuries gained.
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By Adam Hamilton |
July 27, 2012
Gold has been deeply out of favor lately, languishing in its usual summer doldrums. This sentiment wasteland is driving traders to flee wholesale, including the futures players. But provocatively such behavior is a powerful contrarian indicator.
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By Ben Traynor |
October 25, 2011
Spot gold prices rose to $1,664 per ounce Tuesday morning in London - 1.8% off this month's high - while stocks and commodities also gained and US Treasury bonds fell, following reports that negotiators demanded larger Greek debt writedowns.
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By Jeffrey Nichols |
June 21, 2011
The days and weeks ahead could be tumultuous for gold with the yellow metal's price primed to move one way or the other depending on news from European finance ministers, the European Central Bank, the Greek Parliament and the Fed.