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By Joe Richter, Bloomberg |
April 22, 2013
Hedge funds increased bets on gold rallying after prices plunged the most in 33 years, underscoring billionaire John Paulson’s view that bullion will rebound.
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By Joe Richter, Bloomberg |
March 4, 2013
Investors cut wagers on a rally for commodities to the lowest in almost four years and pulled a record $4.23 billion from funds last week as prices erased this year’s gain on a slowdown for manufacturing in China.
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By Joe Richter, Bloomberg |
February 26, 2013
China, primed by government spending to boost growth, will need enough copper every month to circle the globe more than 100 times.
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By Joe Richter, Bloomberg |
February 1, 2013
Gold futures rose for the third time in four days after a report showed U.S. hiring picked up the past three months, pointing to an improving economy that may fuel inflation as the Federal Reserve adds more stimulus.
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By Joe Richter, Bloomberg |
January 8, 2013
Demand for palladium, last quarter’s best-performing precious metal, is exceeding supply for a second consecutive year as mine production stagnates while sales by automakers, the biggest buyers, reach record highs.
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By Joe Richter, Bloomberg |
December 18, 2012
Gold dropped to the lowest in more than three months as signs that U.S. lawmakers may be closer to a budget deal boosted equities and reduced demand for the metal as an alternative asset.
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By Joe Richter, Bloomberg |
December 10, 2012
Gold futures rose for a third day, the longest rally in more than three months, amid speculation that the Federal Reserve will announce more bond purchases to spur the U.S. economy.
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By Joe Richter, Bloomberg |
September 10, 2012
CME Group Inc. is betting that a surge in demand for recycled steel and price swings will drive trading in its new scrap futures.
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By Joe Richter, Bloomberg |
June 21, 2012
Graham Tuckwell, who created a $125 billion market in exchange-traded gold in less than a decade, is struggling to convince regulators and investors he can do the same for industrial metals.
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By Joe Richter, Bloomberg |
May 28, 2012
Speculators raised bullish bets on commodities before signs of Europe’s deepening debt crisis and slowing Chinese growth drove prices lower for a fourth consecutive week.