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The dreary picture painted by recent headlines and the tiresome repetition that gold “has entered a bear market” seems to be taking its toll on gold investors, whose confidence levels appear to be hitting bottom. As usual gold has few friends in the mainstream investment world and media, and when the price rises we hear little ...
“STOCKS ROAR BACK” is this morning’s London City AM headline – reporting news that the Dow Jones “smashed through” the 15,000 mark yesterday to a record nominal high, with the FTSE 100 also marking a five-and-a-half year nominal high. The Dow is up 15% since the start of the year, with bulls encouraged ...
Things have cooled off in the gold and silver markets, with the former trading in a range between $1,450 and $1,480, and silver moving between $23 and $24. Both metals sold off early in New York futures trading yesterday, but rebounded following the release of Fed minutes indicating that the Fed will consider increasing its money printing ...
Gold and silver have staged a decent comeback over the last couple of days, with gold up by around $40 since Wednesday, while silver yesterday recorded its strongest one-day price gain for 15 months – gaining more than a dollar per ounce. Industrial commodities have also enjoyed gains over the last few days, while the dollar ...
After the white-knuckle ride of the last week and a bit, the gold market appears to have calmed somewhat in recent days. The price is no longer falling by triple-digit amounts in single sessions, or gaining significant amounts either. Bulls will have been given some encouragement though by the strong bounce off of the $1,350 level reached ...
The gold price has corrected sharply over the last couple of trading days – breaking the strong support zone at $1,550-1,525/oz and heading straight for the next significant technical support point at $1,300. The immediate catalyst seems to have been the theory that Cyprus would be pressured to sell a large part of its official gold ...
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Gold:Gold Buy Rates |
$43.2663/gg $1,345.70/oz |
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Silver:Silver Buy Rates |
$0.6883/gg $21.41/oz |
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Platinum:Platinum Buy Rates |
$46.4579/pg $1,445.00/oz |
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Palladium:Palladium Buy Rates |
$23.4382/pd $729.00/oz |
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