Monthly Archives: March 2012

15
Mar
2012

South African Gold Production Dives Again To 90 Year Lows

Gold’s London AM fix this morning was USD 1,646.75, EUR 1,262.26, and GBP 1,052.57 per ounce.

Yesterday’s AM fix was USD 1,662.00, EUR 1,271.61 and GBP 1,057.93 per ounce.

Gold fell more than 2% in New York yesterday and closed at $1,643.80/oz. Gold fell in Asia and its low hit $1,635.66/oz and high of $1,649.9/oz, and is now trading sideways in Europe at $1,647.05/oz.

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14
Mar
2012

Singapore Seeks To Be Asian Bullion Hub With Tax Free Gold and Silver

Gold’s London AM fix this morning was USD 1,662.00, EUR 1,271.61, and GBP 1,057.93 per ounce.

Yesterday’s AM fix was USD 1,694.75, EUR 1,291.44and GBP 1,082.63 per ounce.

Gold fell 1.7% in New York yesterday and closed at $1,676.10/oz. Gold fell in Asia prior to further falls in Europe which has gold now trading at $1,656/oz.

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13
Mar
2012

Buy Gold Because a Currency Crisis is Coming

Gold’s London AM fix this morning was USD 1,694.75, EUR 1,291.44, and GBP 1,082.63 per ounce.

Yesterday’s AM fix was USD 1,705.25, EUR 1,299.93 and GBP 1,088.57 per ounce.

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12
Mar
2012

China’s SAFE: “We Wont Put All The Eggs In One Basket”

Gold’s London AM fix this morning was USD 1,705.25, EUR 1,299.93, and GBP 1,088.57 per ounce.

Friday’s AM fix was USD 1,699.50, EUR 1,285.36 and GBP 1,078.30 per ounce.

Cross Currency Table – (Bloomberg)

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09
Mar
2012

“Strong Silver Price” in 2012 As “Strengthening” Investment and Industrial Demand

 

Gold’s London AM fix this morning was USD 1,699.50, EUR 1,285.36, and GBP 1,078.30 per ounce.

Yesterday’s AM fix was USD 1,701.50, EUR 1,287.26 and GBP 1,076.70 per ounce.


Cross Currency Table – (Bloomberg)

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08
Mar
2012

Asia Focuses on Gold’s Value and Buys Dip – West Focuses on Price and Sells

Gold’s London AM fix this morning was USD 1,701.50, EUR 1,287.26, and GBP 1,076.70 per ounce.

Yesterday’s AM fix was USD 1682.50, EUR 1278.69 and GBP 1068.53 per ounce.


Cross Currency Table – (Bloomberg) 

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07
Mar
2012

Germany to Review Bundesbank Gold Reserves in Frankfurt, Paris, London and Federal Reserve Bank of New York

Gold’s London AM fix this morning was 1682.50 USD, 1278.69 EUR and 1068.53 GBP  per ounce.

Yesterday’s AM fix was  USD 1,685.60, EUR 1,282.24 and GBP 1,068.26 per ounce.

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06
Mar
2012

Faber: “Middle East Will Go Up In Flames” … “Have To Be In Precious Metals and Equities”

Gold’s London AM fix this morning was USD 1,685.60, EUR 1,282.24 and GBP 1,068.26 per ounce.

Yesterday’s AM fix was  USD 1,698.00, EUR 1,286.17 and GBP 1,073.60 per ounce.

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05
Mar
2012

Citigroup Predict Gold at $2,400/oz in 2012 and $3,400/oz “In Coming Years”

Gold’s London AM fix this morning was USD 1,698.00, EUR 1,286.17, and GBP 1,073.60 per ounce.

Friday’s AM fix was USD 1,714.50, EUR 1,292.99, and GBP 1,076.14 per ounce.


Cross Currency Table – (Bloomberg) 

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02
Mar
2012

Asia Buys Gold After Massive Single Trade Sell Off During Bernanke’s Testimony

Gold’s London AM fix this morning was USD 1,714.50, EUR 1,292.99, and GBP 1,076.14 per ounce.

Yesterday’s AM fix was USD 1,721.00, EUR 1,289.81, and GBP 1,079.13 per ounce.


Cross Currency Table – (Bloomberg) 

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