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By Jon Nadler |
May 21, 2012
Precious metals started the trading week in mixed fashion with initial spot bids showing gold and silver prices marginally lower while platinum and palladium moved higher. The US dollar resumed its upward course this morning after the brief pause on Friday.
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By Jordan Roy-Byrne, CMT |
May 16, 2012
Normally catching a bottom is not difficult. Bottoms tend to occur instantly while market tops form during a process. Yet, I’ve found that bottoms of long-term significance do not occur instantly. Like tops, they take time to develop.
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By Ben Traynor |
May 15, 2012
Wholesale market gold bullion prices dipped below $1,550 an ounce for the first time since December on Tuesday – a fall of 7% since the start of this month – before regaining some ground by lunchtime in London.
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By Adrian Ash |
May 14, 2012
The price of gold and gold futures dropped yet again Monday morning, recording the seventh drop in nine trading days in May so far as industrial commodities, global stock markets and the euro currency all sank.
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By Ben Traynor |
May 9, 2012
Spot market gold bullion prices fell to their lowest level in four months during Wednesday morning's London trading, hitting $1,581 an ounce – 3.7% down on the week so far – while European stock markets and commodities also fell and US Treasuries gained.
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By Neil Behrmann |
May 3, 2012
Global regulators are uncovering an epidemic of financial frauds in the US, Europe and Asia. So much so, that investors need to be on high alert to protect their savings from scams.
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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 Ben Traynor |
April 17, 2012
Gold prices continued to hover near $1,650 per ounce ahead of Tuesday's US trading – in line with where they have spent most of the last month – while European stock markets gained following Spain's successful auction of short-term Treasury bills.
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By Mark O'Byrne |
April 17, 2012
In volatile trade in New York yesterday, gold rose sharply prior to falling and ended $4.40 lower or 0.27% and closed at $1,651.70/oz. Gold initially took a dip in Asia and then recovered losses by the time European trading opened and has ticked higher.
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By Eric McWhinnie |
April 17, 2012
The ongoing European debt crisis is slowly creeping back into focus as Spain faces rising interest rates. While safe-havens in the current financial system are limited, the IMF recognizes gold as an option for investors seeking portfolio protection.