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gold-bullion

Gold Starts The Week With A Heavy Fall

The economic uncertainty in Europe pushed gold prices up over $1339 last, but the dire state of the Eurozone does not appear to be troubling traders in the Far East as they profited from sales and dragged the yellow metal down to $1320 before 11am GMT. Precious metals recorded gains for six straight weeks last […]

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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 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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Traders Smash $1300 Gold Strong Point Without A Second Thought

Gold recorded its highest daily gains since last September after months of subdued trading. A flurry of buying games following the Fed’s announcement to hold off raising interest rates. Traders did not think twice about smashing through the $1300 an ounce threshold and drove prices from $1277.50 to $1320.30 in a day. Federal Reserve Chairwoman, […]

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gold-bullion

US Fed Policies Supporting Gold Prices

Policy decisions set by the Federal Open Market Committee (FOMC) on Wednesday are supporting gold prices. After two days of talks in Washington, Janet Yellen told reporter’s interest rates will remain low for some considerable time once the bond buying stimulus comes to an end. The announcement by the Fed offered few surprises, but Yellen’s […]

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Gold Prices Up On Sustained Buying

Demand for gold bullion is pushing prices back towards the $1300 an ounce psychological threshold. The yellow metal plundered almost $50 an ounce a little over two weeks ago, but the fall in price was curbed by the prospect of unprecedented banking policies in Europe. Gold began the week at $1252.20 per troy ounce, but […]

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gold-bullion

10 Reasons To Buy Gold Now

There are many good reason to buy gold, but we will concentrate on the main ten. Bear in mind that for consumers buying small quantities of gold, say one ounce at a time, gold bullion is a safe haven long-term investment. In other words, over time, gold always makes a profit. Cost of living is […]

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Seeing gold as a long term investment

For the last two months gold prices are behaving in a very unusual way, a manner the gold market community is not accustomed to. After the climax of the initial mini rally and its culmination with a strong correction, the market has been looking for direction following extreme patterns we have rarely encountered during the […]

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gold-bullion

Silver Prices Struggling Near 52 Week Low

Although everyone expected just the opposite, May was still another bad month for silver and closed with a 4% loss. Silver prices are now struggling below their six-month low and have been since May 25. They closed week at a 52-week low of $18.95 an ounce. Silver prices’ totally irrational behaviour reminds us of when […]

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