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By Jeff Berwick |
April 22, 2013
How is it possible gold goes down $200 in the paper market while there is almost no supply available to buy around the world? Last I checked, dwindling or completely absent supply against steady and increasing demand means higher prices, not sudden price drops.
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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 Jon Nadler |
January 22, 2013
Analysts at Citigroup and Goldman Sachs have scaled back gold price forecasts, especially in the longer-term, as the underpinnings of its bull market are being called into question.
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By Adrian Ash |
January 17, 2013
Full-year 2012 gold data from Thomson Reuters GFMS yesterday estimated gold demand from all central banks, as a group, at a half-century high of 536 tonnes, up 17% from 2011.
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By Jon Nadler |
January 15, 2013
This morning’s spot price dealings opened with massive gains in platinum (up $30) and with the noble metal once again trading at a premium to gold. Gold move $12 higher to reach $1,681 the ounce.
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By Mark O'Byrne |
November 19, 2012
Gold rose on Monday as the dollar fell and oil prices rose as the Israeli Palestinian conflict escalates and the US fiscal cliff discussions support the yellow metal.
Gold ETF funds climbed to a record high of 75.421 million ounces on Nov. 16.
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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 Mark O'Byrne |
November 13, 2012
Gold edged down on Tuesday on low volumes when the euro dropped to a two-month low against the US dollar despite confusion about a deeper bailout package for Greece which has driven many investors to wait on the sidelines.
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By Ben Traynor |
September 14, 2012
Wholesale market gold bullion prices held above $1,770 an ounce for most of Friday morning's London trading, near their six-month highs hit after the US Federal Reserve announced a third round of quantitative easing (QE3).
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By Ben Traynor |
August 10, 2012
US dollar gold prices traded slightly lower Friday morning in London, hovering around $1,610 an ounce for most of the session, as stock markets also edged lower and US Treasuries gained, after trade data from China provided further signs of economic slowdown.