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gold-bullion

Silver Roller- Coaster Coming To An End

It is now official: Tuesday’s session determined that the winner of the precious metals mini rally is silver. This by no means implies that the race is over, but now silver has cracked long-term resistance levels and the only way to go is up. Technical analysis indicates that the long-term resistance mark at $20 an […]

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Precious Metal Prices Down As Rally Ends

Last week’s surge in gold and silver prices came to an end on Monday as traders capped purchases despite escalating violence in Iraq. Consumer demand has also slackened since precious metals were pushed beyond their respective psychological boundaries last week. Gold and silver enjoyed an intense rally last week following announcements by the Federal Open […]

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gold-bullion

Silver Showing Promising Signs Of Recovery

There is really no other way to assess your investment in silver than to compare it with your gold investment. In that sense, silver currently appears to be better value than gold. This week has started with silver showing remarkable stability, a better performance than gold and promising signs of recovery. The way the gold […]

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gold-bullion

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

Gold Claiming Strong Support

The week couldn’t have started better for gold prices. With a strong positive momentum, gold appears to be signaling the strengthening of a support level at $1,250 an ounce. It is not the opening session of the week that made all the difference, but rather last Friday’s impressive double spike, repeated for the second time […]

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Silver Prices Still Unable To Break Resistance

April wasn’t a good month for silver, as prices sank below $20 per ounce and dropped to an eight-month low at $19.063 per ounce, challenging a very critical support level. May has started with high volatility, although it seems that this week silver prices may have another go at the $20 an ounce barrier. Technical […]

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Analysts Undecided On Future of Gold

Commodity analysts are predicting gold prices will weaken over the next three months. Financial advisors on the other hand believe gold prices will be pushed up due to inflation. Technical indicators do point towards a bear market, and the second quarter is historically slow for precious metals. With the global economy showing signs of recovery, […]

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gold-bullion

Gold Continues Decline Despite Consumer Demand

Gold prices dropped another $7 by close of play in London today, although an increased consumer demand for physical gold is protecting precious metals from plummeting further. With the global economy showing promising signs of recovery, trader sentiment has turned to US equities. Bullion is down by 7.5% already this year and economic indicators suggest […]

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gold-bullion

Gold Continues Decline For Fourth Day Running

Precious metal fell for the fourth consecutive day as traders continue to shed their gold load. With improved US growth stats, investors are turning their attention to dollar-funded equities rather than non-yielding bullion. Gold prices fell below the $1300 stronghold this morning and do not look like they will recover. Analysts sense the yellow metal […]

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Silver Falls Below $20 Barrier On Capital Good Data

The silver market is always volatile. Prices have dropped into teen dollars several time in the last couple of days, but pullbacks have dragged it back to the $20 strong point. Today, a sudden dip following data on capital goods orders may be too much for rates to recover. At the time of writing (2300 […]

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