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By Ben Traynor |
May 14, 2013
"Due to U.S. dollar strength and record levels in European shares, gold has been losing its 'safe haven' appeal in recent days," says a note from German-based refinery group Heraeus.
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By Adrian Ash |
February 21, 2013
The price of gold bounced off a fresh seven-month dollar low on Thursday morning in London, rising after their worst one-week drop since May 2012 amid what one analyst called "a proper sell-off on the precious metal markets."
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By Adrian Ash |
December 6, 2012
The gold price traded in a narrow range around $1,691 per ounce Thursday morning in London, rising slightly from yesterday's 1-month low. Asian and European stock markets also ticked higher, as did US Treasury bonds.
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By Adrian Ash |
January 10, 2012
Spot gold prices touched a new three-week high against the US dollar in London on Tuesday morning, trading above $1,638 per ounce as world stock markets rose with industrial commodities. Silver bullion leapt above $30 per ounce.
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By Adrian Ash |
January 18, 2011
Gold and silver bullion prices rose together with all major currencies on Tuesday morning vs. the dollar, erasing last week's losses for US investors as European stock markets gained more than 1%.
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By Adrian Ash |
November 16, 2010
Spot gold fell for the sixth session running vs. the dollar in Asian and London trade on Tuesday, dropping to a near-two week low as the US currency rose and global stock markets fell.
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By Adrian Ash |
October 14, 2010
Gold and silver retreated from fresh record highs versus the dollar on Thursday at lunchtime in London, edging back from 1.3% and 4.5% overnight jumps respectively as the US currency paused in its plunge.
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By Adrian Ash |
June 1, 2010
The Euro dropped nearly 2c, hitting a new four-year low on the currency markets, after the European Central Bank warned that Eurozone banks face EUR195 billion in bad debts.
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By Adrian Ash |
April 26, 2010
Gold bullion hit fresh record highs vs. the Euro early on Monday