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Federal Reserve Gold

Federal Reserve gives gold a reason to rise

The Gold market breathed a collective sigh of relief as Gold futures a reason to climb even further! An hour after the Fed said it would leave interest rates unchanged, but did show some signs on the potential for a rate increase before the end of the year, December gold futures GCZ6 -0.30% were trading […]

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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

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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gold-bullion

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

Traders Wait on FOMC News Before Reacting On Gold

Gold prices appear to have found their new balance around $1270 an ounce – the mid-point between its two previous price points. Prices plummeted in early trading on Wednesday as the Asian market cashed in on gains, but rebounded strongly by midday in Europe. Things could change before trading closes for the day however as […]

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Gold Continues To Rally Amidst Global Turmoil

Gold prices were up again Tuesday as key market influences remain uncertain. A slow-down in China’s manufacturing sector, US stimulus tapering and turmoil in the Ukraine has left traders playing safe. After gold prices slumped almost 30 per cent in 2013, precious metals are forecast to drop even further this year. However, recent data indicates […]

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Traders Preparing to Drop Gold Value

The value of gold looks set to make its expected decline. Trading ended in Asia and Europe with gold prices falling almost one percent before pulling back to a .24% once Wall Street traders hit the floor running. Gold may be holding its own for the time being at least, but analysts forecast a steady […]

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