Thursday, 29 September 2011

gold price held firm near $1,620 per ounce Friday morning despite encouraging economic news in the U.S. and Europe

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The gold price held firm near $1,620 per ounce Friday morning despite encouraging economic news in the U.S. and Europe. While the price of...

Indian buy physical Gold as Diwali begins

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India is one of the major Gold consumer in the world , especially during the Diwali celebrations where gold is offered as gift . As the maj...
Wednesday, 28 September 2011

Gold price dip below $1,600 per ounce on Thursday morning sell-off was fueled by strength in the U.S. Dollar Index

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The gold price dip below $1,600 per ounce on Thursday morning sell-off was fueled by strength in the U.S. Dollar Index (DXY), which advanced...

China Unveils First Gold ATM

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Physical gold demand in China is booming to the point that the government have decided to install gold ATM machine to sell gold coins and b...
Tuesday, 27 September 2011

Gold price moved sharply higher

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Gold price moved sharply higher Wednesday morning, gaining $31.00 to $1,658 per ounce. After sliding 6.5% over the past two trading sessio...

Physical demand out of China boosting the Gold Market

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When you are buying Physical Gold you do not care what the margin is says futures trader Lou Grasso , Millennium , a lot of the demand the...
Monday, 26 September 2011

Gold is a victim of its own success as liquidity trumps

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Gold price continued to fall Tuesday, plunging $34.25 to $1,625 per ounce. Another hike in margins by the CME Group helped greased the sk...