Monthly Archives: November 2009

17
Nov
2009

GoldCore Update: Gold to Target $1,200/oz by Year End on Central Bank Diversification?

Gold
Gold touched an all time high again yesterday at $1,141/oz, closing 2% higher on last Friday’s close. Gold is currently trading at $1,132/oz and is higher again in euro and GBP terms – trading at €761/oz and £673/oz respectively.

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16
Nov
2009

GoldCore Update: Central Banks to Be Net Buyers: Risk Rises – Gold Rises

Gold has made a determined break to the upside this morning trading as high as $1,133/oz.  In the last 52 weeks gold has now risen 52.13% in dollar terms and 31% in euro terms.

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13
Nov
2009

GoldCore Update: Vietnam Gets the Gold Bug

Gold
Gold pulled back from its record nominal high of $1,123/oz yesterday, as a stronger dollar initiated a bout of profit taking. It is currently trading at $1,108/oz. In the short term, a first stop for support should be sought at $1,098/oz and a resistance of $1119/oz.

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10
Nov
2009

GoldCore Update: Gold Consolidates at $1,100 as UK Credit Rating Under Review

Gold
Gold is currently trading at $1,102/oz. In EUR and GBP terms gold is trading at €735/oz and £661/oz respectively.

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09
Nov
2009

GoldCore Update: Gold at $1,100 – Dollar Demise, Quantitative Easing, Inflation Pressures, Take Your Pick!

Gold
Gold has experienced yet another strong opening this morning and ventures deeper into unchartered territory. Currently trading at $1,109/oz – $14 higher than its closing last Friday – at this price gold sets a new all time high in USD terms. In EUR and GBP terms gold is trading at €739/oz and £658/oz respectively.

gold record highs

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06
Nov
2009

GoldCore Update: Gold closes in on $1,100 as market waits for US Employment Report

gold us employment report

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04
Nov
2009

GoldCore Update: Gold’s New Record Price Over $1,093/oz – $1,200/oz By Year End?

Gold
gold barsGold rose to new record highs yesterday and again this morning above $1,093/oz in what appears to have been continuing reaction to the news that Indian central bank had bought 200 tonnes of gold from the IMF . Gold has also surged in euro and pound terms.

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03
Nov
2009

GoldCore Update: ECB Sees Gold as Important Asset and India Buys 403 Tonnes of IMF Gold

Gold
Gold is continuing its strong upward run and is currently trading at $1.061.40/oz. In EUR and GBP terms, gold has risen again and is trading at €720/oz and £650/oz respectively.

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02
Nov
2009

GoldCore Update: G20 Finance Ministers Meeting and LBMA Precious Metals Conference in Scotland

Gold
Gold dollarGold has experienced a strong opening this morning and is currently trading at $1.052/oz, $8 higher than its close on Friday. In EUR and GBP terms, gold has risen and is trading at €712/oz and £643/oz respectively.

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