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By Debarati Roy and Nicholas Larkin |
February 6, 2013
Platinum rose to a 16-month high on concern that supplies will fall from South Africa, which accounts for about 73 percent of global output.
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By Jon Nadler |
January 25, 2013
After having once again failed at the $1,696 resistance level on Wednesday, gold prices headed lower for a third straight session this morning. In the process, the pivotal 200-day moving average price near the $1,608 level was breached by sellers.
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By Jon Nadler |
January 22, 2013
Analysts at Citigroup and Goldman Sachs have scaled back gold price forecasts, especially in the longer-term, as the underpinnings of its bull market are being called into question.
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By Anthony Lazzara |
January 21, 2013
Platinum has had a sharp rally to start of 2013, trading from $1,520 all the way up to $1,700. It's 2012 highs are at around $1,740.
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By Jon Nadler |
January 18, 2013
Gold prices touched a one-month high near $1,699 on Thursday as a slightly weaker greenback and a spike in black gold inspired short-term specs to buy the metal at its daily lows in the morning hours.
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By Debarati Roy and Nicholas Larkin, Bloomberg |
January 15, 2013
Platinum surged to a three-month high, exceeding the price of gold for the first time since April, after the world’s largest producer said it will cut production. Palladium reached a 10-month high and gold rose.
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By Ross Norman |
January 14, 2013
We see the long term gold bull run remaining very much intact, but the conviction and patience of gold investors may be tested in 2013. In essence, we see 2013 looking surprisingly like 2012.
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By Nicholas Larkin, Bloomberg |
November 13, 2012
Platinum and palladium will return to the biggest shortages in at least a decade this year as strikes and safety stoppages in South Africa and falling sales from Russia cut supplies.
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By Anthony Lazzara |
October 23, 2012
Platinum futures, after a rapid rally because of supply concerns, have now started a recent downtrend from highs earlier this month.
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By Jon Nadler |
September 21, 2012
Some of the Fed-induced euphoria that became manifest one week ago dissipated during the course of this week as market participants were left with an environment wherein Fedspectations can now be considered as being off the table.