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By Mark O'Byrne |
November 12, 2012
Gold is 0.25% higher this morning after posting the biggest weekly gain (+3.3%) since late August on safe haven buying driven by worries about the US fiscal cliff and economy.
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By Mark O'Byrne |
May 31, 2012
Gold is set to incur its 4th month of losses which has not been seen in nearly 13 years. While gold in dollar term is off 6% in May, the sharp fall in the euro means that gold has again risen in euro terms and is up 0.3% in euro...
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By Mark O'Byrne |
April 25, 2012
Gold has been in an incredibly tight range – hovering around the $1,640/oz level this morning as markets await the US Federal Reserve’s decision regarding maintaining ultra-loose monetary policy and further quantitative easing (QE3).
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By Mark O'Byrne |
April 18, 2012
Gold traded sideways prior to gradually creeping up in late Asian trading. It then gave up those gains in European trading and is nearly unchanged from yesterday’s close in New York.
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By Mark O'Byrne |
May 13, 2011
Gold and silver are higher this morning with the dollar, the British pound and commodity currencies falling in value. It is too early to tell whether the recent margin driven, paper sell off on the Comex is over but demand remains robust.