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By Mark O'Byrne |
June 13, 2013
The U.S. Mint has sold 1,628,000 ounces of silver coins so far in June, according to figures on the Mint’s website. At that pace, total sales for the month would be 4,651,429 ounces, up 62.8% from a year earlier.
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By Mark O'Byrne |
January 23, 2013
Silver has now rallied for seven days because of the flood of inflows into silver backed ETFs and investment demand for coins and bars internationally. Analysts polled by Reuters expect silver to rise in 2013.
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By Ben Traynor |
January 9, 2013
The spot gold price hovered above $1,660 per ounce Wednesday morning in London, slightly up on the week so far, before dropping through that level ahead of US trading. Gold buying in India meantime slowed Wednesday, dealers report.
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By Mark O'Byrne |
January 7, 2013
The US Mint's gold coin sales slid for a third consecutive year in 2012 showing how demand for gold bullion among the retail public remains lackluster at best. Demand remains well below the record levels seen preceding the Y2K scare in 1999.
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By Peter Krauth |
November 30, 2012
Look for silver prices to keep rising in the years ahead. That being said, 2013 is likely to be pivotal for the more affordable precious metal. Now that gold has set and surpassed its own all-time highs, look for silver to be next.
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By Adrian Ash |
November 1, 2012
Wholesale prices to buy gold rose to seven-session highs in London on Thursday morning, touching $1,726 per ounce even as new data showed US employment rising at its fastest pace since February.
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By Jon Nadler |
July 11, 2012
The midweek precious metals trading session started with a bit of a recovery effort following Tuesday’s price rout. Market participants pushed the US dollar a tad lower on the index and lifted gold prices by about half a percent.
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By Jon Nadler |
April 18, 2012
This morning, the midweek session in New York opened lower as gold notched a fourth day of losses, and traded near $1,640 per ounce. Anxieties connected to China’s economy flared in the wake of reports that home prices in that country fell again.
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By Jon Nadler |
July 7, 2011
New York spot precious metals dealings opened a bit on the mixed side this morning. Gold bullion showed a $3.20 per ounce loss on the open and it was quoted at $1,526.20 while silver gained 15 cents to open at $36.05 the ounce.
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By Mark O'Byrne |
March 30, 2011
Gold and, particularly, silver are higher in European trading, especially in Japanese yen, which has come under pressure again today. The initial "repatriation funds" yen rally in the days after the natural and nuclear disaster has abated.