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By Debarati Roy and Susanne Walker, Bloomberg |
April 22, 2013
Gold climbed for a fifth day, the longest rally of the year, amid growing demand the metal following the biggest price slump in three decades. Oil rose and energy and raw-material producers led U.S. stocks higher.
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By Gary Kamen |
April 22, 2013
Last week May 2013 Silver opened at $25.940 and closed the week at $22.960. On Tuesday, April 16 silver had a bounce off of the low of $22.000.
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By Michael McFarlin |
April 19, 2013
One of the questions we hear most often is, “What does it take to be a successful trader?” George Gero shares five tips for success in this preview to May's Trading 101 article.
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By Austin Kiddle |
April 19, 2013
Market's concerns have shifted to equities after the gold's downturn. U.S. stocks peaked in April in the past three years and declined for the next two to six months.
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By Anthony Lazzara |
April 15, 2013
Gold and silver are having absolutely wild days, with silver trading down more than 10% and gold down more than 8%. We initially had a key target level at $1,410, but the market blew through that, hitting a low so far of $1,356.
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By Anthony Lazzara |
April 12, 2013
. Possibly fueled by rumors that Cyprus may sell their gold reserves (currently denied by Cyprus), gold and silver market are getting smashed downwards today.
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By Debarati Roy, Bloomberg |
April 10, 2013
Gold futures fell the most since November after Cyprus said it plans to sell the metal to raise money, while minutes from a Federal Reserve meeting spurred speculation that stimulus will be curbed.
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By Alasdair Macleod |
April 5, 2013
The sell-off in precious metals gathered pace this week into what is often called capitulation. Money-managers (hedge funds) cut their long gold positions on Comex by 19,044 contracts in the week to Tuesday, March 26.
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By Anthony Lazzara |
April 2, 2013
Silver has hit a very key $27.50 price point, and we believe this is an indication of the bearish environment for silver. Our main resistance level is $30, and our next key target lower is $25.
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By Maria Kolesnikova, Bloomberg |
April 2, 2013
At a time when U.S. equities are trading near a record and the dollar is having its best start in three years, commodities will finish this quarter little changed from where they were at the end of 2012.