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By Ben Traynor |
February 27, 2013
U.S. dollar gold bullion prices fell slightly in Wednesday morning's London trading, but held above the $1,600 per ounce level it rallied above yesterday after Federal Reserve chairman Ben Bernanke told Congress that that Fed's ongoing quantitative easing policy "is providing important support to the recovery."
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By Ben Traynor |
December 18, 2012
US dollar gold prices fell back below $1,700 an ounce Tuesday morning, having briefly risen above that level following news of possible progress in the ongoing fiscal cliff negotiations in Washington.
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By Mark O'Byrne |
December 18, 2012
Many traders are on the sideline as trading slows down prior to Christmas. The focus remains on US lawmakers attempts to cobble together a deal to avert the 'fiscal cliff'. There is optimism that a deal can be done to avert fiscal disaster.
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By Ben Traynor |
November 13, 2012
Price for gold bullion on the wholesale market rose to $1,730 an ounce this morning in London, after drifting lower overnight, as the euro jumped half-a-cent against the dollar.
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By Ben Traynor |
October 25, 2012
Wholesale gold bullion prices rallied to $1,718 an ounce Thursday morning in London, less than 24 hours after dipping below the $1,700 mark for the first time since the US Federal Reserve announced a third round of quantitative easing last month.
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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 Ben Traynor |
August 15, 2012
The wholesale market gold price fell back below $1,600 an ounce during Wednesday morning's London trading, hitting its lowest level for nearly two weeks, while European stock markets also traded lower.
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By Ben Traynor |
July 17, 2012
Spot market gold prices climbed as high as $1,598 an ounce during Tuesday morning's trading in London, their highest level so far this week, with markets looking ahead to Federal Reserve chairman Bern Bernanke's appearance before Congress later today.
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By Adrian Ash |
May 16, 2012
Economists agree things look bad. They're wrong... Lots of people think the UK economy is doing terribly. They're right, of course. But Britain isn't doing anywhere near as terribly as it will likely do yet.
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By Ben Traynor |
April 24, 2012
Gold prices rallied to $1,643 per ounce by Tuesday lunchtime in London – 1.2% up on yesterday's low, but still shy of where they closed last week – ahead of tomorrow's Federal Reserve decision and with euro zone concerns focusing on the Netherlands.