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By Ben Traynor |
May 7, 2013
Gold exchange traded funds saw their twelfth straight week of outflows last week, implying ongoing selling of their shares by investors. The largest gold ETF, SPDR Gold Trust, saw its total gold holdings fall to a 44-month low
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By Ben Traynor |
April 30, 2013
Following a dip during Asian trading, the gold price climbed back above $1,470 per ounce Tuesday morning in London, broadly in line with where it was a day earlier, with China's markets shut for this week's Labor Day holiday.
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By Adrian Day |
April 29, 2013
Since our last update, gold has rallied 8%, retracing virtually 50% of the drop. The next week or two will tell us whether this is just a “dead cat bounce,” though, notwithstanding the possibility of a near-term pullback, I think not.
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By Mark O'Byrne |
April 29, 2013
Shortages of gold and particular silver coins and bars is not confined to the small coin and bar market and there are also supply issues in the larger bar market with kilo bars being increasingly difficult to secure.
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By Przemyslaw Radomski |
April 26, 2013
While what happened looks disastrous, we don’t think that this means the end of the great, secular bull market in precious metals.
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By Ben Traynor |
April 26, 2013
Gold drifted lower towards $1,460 an ounce Friday morning in London, having climbed to its highest level since last week's price drop at $1,485 during Asian trading.
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By Adrian Ash |
April 25, 2013
Wholesale gold rose to an eight-session high just shy of $1450 per ounce in London trade Thursday morning, recovering 45% of this month's near-record slump.
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By Ben Traynor |
April 24, 2013
The U.S. dollar gold price drifted back down towards $1,420 per ounce Wednesday morning in London, around 1.3% up on the week so far, amid ongoing reports of strong demand for physical gold bullion.
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By Ben Traynor |
April 22, 2013
Wholesale gold prices rose back above $1,430 per ounce Monday morning for the first time since last Monday's price drop, amid reports of strong buying in Asia, while stocks gained and US Treasuries fell.
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By Ben Traynor |
April 17, 2013
Wholesale market gold prices hovered around $1,380 an ounce Wednesday morning in London, little changed from a day earlier, as European stocks continues to fall along with most commodities and US Treasuries gained.