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Heavy Influences on Gold Prices Expected This Week

Heightened tensions between Russia and the West, together with continued violence in the Middle-East is holding gold prices above the $1300 mark despite a stronger dollar. Strong US economic data is raising optimism for the health of the global economy, but warring political factors is dampening the enthusiasm of investors. As a result of geo-political […]

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gold-bullion

Will Silver Dictate Precious Metal Prices in July?

There is a murmur on Wall Street that silver will take over from gold as the new driver for precious metals in July. Silver usually follows her more reputable sister in the price charts, but with a consistently strong performance throughout June, some analysts are predicted silver will dictate prices this month. Technical data certainly […]

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gold-bullion

The Gold Battle Between East And West

There appears to be a price war on precious metals at the moment. The Asian market is intent in bring prices down whereas the Wall Street needs to buy. It’s making a rollercoaster of the market and presenting traders with prime opportunities to make short-term gains. Gold prices were dragged to almost $1305 an ounce […]

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Gold Down in Early Morning Trading

After six straight sessions of gains, gold prices dropped by almost $10 in early trading on Thursday. Having ended Wednesday’s session at $1318.40 an ounce, the yellow metal was trading at $1309.40 by the time the London market opened. It has been a common trend all week however, with the Asia market in a cycle […]

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