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By Jon Nadler |
March 26, 2012
Speculative longs in gold trimmed positions by nearly 81 tonnes and increased short bets by nearly 13 tonnes.
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By Jon Nadler |
March 21, 2012
Gold prices fell toward the $1,645 level at the opening of the midweek session in New York as the US dollar climbed slightly on the trade-weighted index .
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By Jon Nadler |
March 19, 2012
Gold traders are showing the lowest level of bullishness in circa sixty days in the wake of gold having erased more than half of 2012’s gains recently.
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By Jon Nadler |
March 16, 2012
This morning’s New York trading action started off on the downside once again for the metals. Gold practically erased yesterday’s gains and dipped to near the $1,640.
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By Jon Nadler |
March 14, 2012
Gold prices traded as low as just under the pivotal $1,650 support level overnight and they opened with heavy losses that swelled to over $31 an ounce.
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By Jon Nadler |
March 12, 2012
Monday’s New York spot dealings opened with gold sliding under the pivotal $1,700 mark once again and giving up all of and more than Friday’s hard-fought gains.
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By Jon Nadler |
March 9, 2012
The mere mention in the same sentence of the words “Fed” and “bond purchases” gave rise to a fresh, albeit somewhat hesitant spree of risk asset purchases.
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By Jon Nadler |
March 7, 2012
To say that sentiment has shifted 180 degree in one week is to state the obvious.
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By Jon Nadler |
March 5, 2012
The first forecast for lower economic growth in eight years for that country derailed many an asset as the new trading week commenced. Gold and silver were clearly not immune to the negative news.
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By Jon Nadler |
March 1, 2012
Daily metals update including analysis of gold and silver
