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By Jon Nadler |
July 13, 2012
The yellow metal is poised to record another weekly loss in value despite this morning’s advance. The SPDR Gold Trust has witnessed an outflow of almost ten tonnes of bullion thus far this month.
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By Austin Kiddle |
July 13, 2012
Gold prices retreated, as the U.S. Fed did not indicate an imminent QE3 in the FOMC minutes released yesterday, although some members favored further policy easing if the Fed's dual objectives cannot be achieved.
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By Michael P. Regan and Lu Wang, Bloomberg |
July 6, 2012
Stocks and commodities sank, while Treasuries rose for a second day, as slower-than-forecast growth in U.S. payrolls fueled concern the economic recovery is slowing.
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By Stephen Kirkland and Glenys Sim, Bloomberg |
July 6, 2012
Stocks and commodities fell, while Treasuries rose for a second day, after slower-than-forecast growth in U.S. payrolls fueled concern the economic recovery is slowing. Spain’s 10-year bond yields reached 7 percent.
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By Michael P. Regan, Bloomberg |
July 5, 2012
The euro sank to a one-month low as Spanish and Italian bonds plunged after the ECB disappointed investors anticipating a more aggressive effort to fight the debt crisis. U.S. equities fell as investors awaited tomorrow’s jobs report.
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By Nick Baker and Rita Nazareth, Bloomberg |
June 1, 2012
Treasuries rose, driving 10-year yields below 1.50 percent for the first time, while the Dow Jones Industrial Average briefly erased its 2012 gain after U.S. employers created fewer jobs than economists estimated.
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By Jon Nadler |
April 20, 2012
Barclays Capital analysts find that the slow but steady leakage of metals tonnage from various ETFs is underscoring the ebbing interest in precious metals at the present time. Gold balances in such vehicles have declined by six tonnes this month.
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By Austin Kiddle |
April 13, 2012
On Thursday, gold futures had its biggest one-day rally of 1.22% since Feb. 21. This week gold has rallied more than 3%.
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By Jon Nadler |
April 9, 2012
At least in part, the rise in gold can also be attributed to the news out of India that the country’s jewelers called off their three week-old protest strike.
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By Nick Baker and Lu Wang, Bloomberg |
April 6, 2012
U.S. stock futures fell, signaling more Standard & Poor’s 500 Index losses following the biggest weekly retreat of the year, as the dollar declined while Treasuries and gold rose after American employers added fewer jobs than forecast in March.