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By Jon Nadler |
January 29, 2013
Late Monday-issued EW wave analysis noted that gold closed lower for the fourth straight session on Monday and that daily momentum was pointed “firmly lower” but that hourly momentum was diverging a bit.
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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 Alanna Byrne |
November 16, 2012
Global demand for gold declined 11% year-over-year in the third quarter of 2012, according to the World Gold Council’s (WGC) Gold Demand Trends report released Thursday.
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By Ross Norman |
May 8, 2012
Gold has been on an extended vacation for a few months and its performance has been lackluster. Witness the decline in Comex open interest and the lack of momentum in the charts.
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By Jon Nadler |
May 7, 2012
Spot gold bullion traded at lows near the $1,635 level in Sunday night trading, while the news from Paris also engendered bid-side quotes at near $29.90 for silver.
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By Sholom Sanik |
April 27, 2012
Cotton prices have been moving mostly sideways since February. The spread between old and new crop months has been typically volatile. The market is groping for direction.
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By Sholom Sanik |
April 4, 2012
On March 26 the Indian government announced that it will allow a further 1 million tonnes of sugar exports, in addition to the 2 million tonnes already approved for the 2011-12 marketing year.
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By Unni Krishnan and Ilya Arkhipov, Bloomberg |
March 29, 2012
Leaders of the biggest emerging markets agreed on steps to increase lending in local currencies to foster trade, while calling on Western nations to give them more sway in global finance.
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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 .
