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By Adrian Ash |
May 24, 2013
The gold price fell $10 per ounce after reaching almost $1,400 for the fifth time this week in London trade Friday morning. Silver held tight around $22.50 per ounce, managing only one-third of gold's 2.0% gain for the week.
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By Adrian Ash |
May 22, 2013
Bullion prices rose throughout Asian and early London trade on Wednesday morning, touching $1,398 per ounce for the third time this week and recovering 4.4% from Monday's one-month low.
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By Mark O'Byrne |
May 22, 2013
Although platinum’s discount to gold in 2012 did not necessarily translate into relatively cheaper platinum jewelry at a retail level, better margins would have encouraged sellers to exert more effort in promoting platinum.
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By Ben Traynor |
May 8, 2013
Wholesale market prices for buying gold climbed back above $1,460 an ounce during Wednesday morning's London trading, in line with its range over the last week, as stocks gained.
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By Mark O'Byrne |
May 8, 2013
India’s Central Bank, The Reserve Bank of India, seeks to restrict bullion imports because of the strain it is putting on their current account deficit. India is the largest importer of gold and more than half of it is used for jewelry.
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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 |
May 3, 2013
Over in India, traditionally the world's biggest gold buying nation, the central bank today proposed new restrictions on gold bullion imports as part of its annual monetary policy statement.
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By Frank Holmes |
May 3, 2013
Sometimes following where money is being invested is a solid course of action to gain alpha; other times, a better opportunity lies in going the opposite direction, i.e., thinking contrarian.
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By Ben Traynor |
May 1, 2013
Wholesale prices for gold bullion drifted lower Wednesday morning in London, dipping below $1,470 an ounce, although it remained slightly up on where it started the week.
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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.