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By Jon Nadler |
April 4, 2012
This morning, the meltdown continued in gold, but this time, unlike during yesterday’s after-hours electronic trading, silver and the noble metals joined gold and fell hard as well. Once again, the only green color to be seen was the net change in…the greenback.
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By Jon Nadler |
February 10, 2012
Spot precious metals dealings opened on the weak side with all four principal metals that we track losing more than 1.2% and up to 2.1% percent. Spot gold was down nearly $25 at $1,704 per ounce while silver was bid near $33.25, down 60 more than cents.
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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 3, 2012
Prices to buy gold rose Tuesday morning as dealers in London - heart of the world's wholesale bullion market - returned from the New Year's holiday. Gold recovered almost all of last week's 5% drop before edging back to $1,592 per ounce.
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By Ben Traynor |
July 26, 2011
Gold bullion prices fell as London opened on Tuesday, but held steady for the rest of the morning around $1,610 per ounce - 0.8% off Monday's all-time high. Silver bullion prices were also steady, hovering around $40.40 per ounce - up 0.8% from Friday.
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By Jon Nadler |
July 26, 2011
Tuesday morning trading in precious metals got underway while participants were still on active watch for any news from "Stalemate Central" in Washington, DC. The trading tilt was towards lower values at the start of the daily session.
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By Brian Sylvester |
June 29, 2011
Some pundits are yelling for investors to take profits in junior resource stocks now. But the host of Ahead of the Herd online and editor of Ahead of the Herd newsletter, explains why $1,500 gold means investors should be cashing in, not cashing out.
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By Mark O'Byrne |
June 21, 2011
Further evidence of robust demand from Asia and from China and India in particular was seen in massive Indian gold and silver imports. Figures released overnight showed a surge of 222% in May 2011 compared to May 2010.
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By Jon Nadler |
February 28, 2011
Traders returning to work found largely the same conditions that they had left work amid on Friday; no resolution to the Libyan upheaval, continued weakness in the US dollar, and suggestions from various Fed 'factions' on changing US interest rates.
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By Adrian Ash |
November 29, 2010
As gold demand moves from India to China, gold price peaks move from Diwali to Xin Ni'an.