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By Brian Sylvester |
December 27, 2012
Many gold analysts are forecasting much higher gold prices in 2013 but the senior commodity analyst at the CPM Group says he believes all of the positive gold fundamentals, such as global turmoil, are already factored into the gold price.
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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 Jan Skoyles |
November 20, 2012
China seems to be firmly on the path to global power, and they are working hard to make sure that path is paved with golden economic stability. They have achieved what they wanted to and they are now investing in gold.
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By Adrian Ash |
November 16, 2012
In short, the easy money and bail-outs which got us here – from the Fed's rescue of Goldman Sachs during the early '80s Tequila Crisis in Mexican debt, through LTCM in the late '90s and then the Tech Stock boom and bust – have had serious consequences.
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By Jon Nadler |
November 13, 2012
Metals markets opened mixed this morning as US dollar strength (@81.20 on the index) kept a lid on advances in gold and in silver but did not manage to hold back those in platinum and palladium.
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By Jan Skoyles |
November 13, 2012
This morning the gold price has slipped slightly as the euro dropped to a two-month low against the US dollar. Usually the euro and gold have a positive relationship. However, this seems to breaking away as both euro zone and US troubles rapidly snowball.
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By Adrian Ash |
November 12, 2012
Seeing the trouble it has caused, however, you might forgive China's leaders for wanting to marry strict regulation with a boom in financial services. Gold investors everywhere might want to thank the bureaucrats' strong hand, too.
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By Ben Traynor |
November 12, 2012
Gold prices hovered just below $1,738 an ounce Monday morning in London, close to three-week highs, while stocks and commodities were broadly flat and the euro traded near two-month lows against the dollar.
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By Ben Traynor |
November 9, 2012
Prices in the wholesale gold bullion market traded above $1,730 an ounce Friday morning in London, having earlier touched a two-week high, while stocks fell and the dollar and US Treasury bonds gained.
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By Adrian Ash |
November 1, 2012
Wholesale prices to buy gold rose to seven-session highs in London on Thursday morning, touching $1,726 per ounce even as new data showed US employment rising at its fastest pace since February.