Market Report: Economies stalling

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It wasn't meant to be like this: six years of global money-printing should have guaranteed economic recovery. Until very recently, there was hope that finally the medicine was having some effect; but in the last few weeks investors have become noticeably more cautious. Is it Ukraine, or is it the slow-down in China? Whatever th ...

Dealing Desk Update: Palladium steals market attention at 2014 high

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It has been a quiet but interesting week on the precious metals market. GoldMoney customers followed the general trend and the online precious metals dealer saw its trading levels drop by around 40%. Head of Dealing at Goldmoney, Roland Khounlivong, said the trading levels were quite typical ahead of a long weekend: 'The prices ...

Market Report: Better tone to precious metals

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Gold and silver prices gained modestly over the week, during which the latest FOMC minutes were released. These were generally read to be more dovish compared with the previous month. FOMC members appear from the minutes to be confused. The previous month's conclusion, that if it wasn't for the weather the economy is improving ...

Dealing Desk Update: FOMC meeting puts the brakes on gold profit taking

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The start of this week saw GoldMoney customers following on from last week's profit taking spree on gold, but Wednesday's Federal Open Market Committee (FOMC) gave them a reason for a U-turn. Head of Dealing at the online precious metals trader, Roland Khounlivong, said: 'We saw a 62% increase in gross traded volume compared to ...

Market Report: Quarter-end distortions in the gold market

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The gold price continued last week's fall into Monday, which was the end of the first quarter of 2014. Since then having reached a low point of $1278 in New York trading, gold rallied to a high of $1294 on Tuesday before weakening on Thursday morning. The biggest influence was not stories and announcements, but the market-maker ...

Dealing Desk Update: GoldMoney customers profit take as investor eyes turn elsewhere

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It may have been Platinum and Palladium's week in terms of performance, but individual precious metal investors such as GoldMoney customers haven't bought into the rise. Head of Dealing at the online trader, Roland Khounlivong, said: 'Individual investors such as our customers are more interested in the liquidity of gold and si ...