Category: Market Updates

14
Mar
2013

Silver And Gold Manipulation – Next Price Fixing Scandal?

Today’s AM fix was USD 1,585.00, EUR 1,225.83 and GBP 1,061.05 per ounce.
Yesterday’s AM fix USD 1,591.50, EUR 1,221.98 and GBP 1,062.42 was per ounce.

Both gold and silver fell slightly yesterday. Gold fell $5.00 and closed at $1,588.30/oz. Silver fell 25 cents to close at $28.90/oz.

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13
Mar
2013

Gold and Silver ETFs “Backed Only By The Good Faith Of Banks and Brokerages”

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01
Mar
2013

Gold Down In February – Weak Hands Sell On Poor Sentiment; Smart Money Holds Or Adds To Positions

Today’s AM fix was USD 1,570.00, EUR 1,203.99 and GBP 1,043.74 per ounce.
Yesterday’s AM fix was USD 1,591.00, EUR 1,213.39 and GBP 1,049.20 per ounce.

Gold fell $16.70 or 1.05% yesterday in New York and closed at $1,580.40/oz. Silver slid to a low of $28.40 and finished with a loss of 1.66%.

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20
Dec
2012

Silver To Gain 29% in 2013 – Analysts, Traders and Investors

Today’s AM fix was USD 1,667.00, EUR 1,259.25 and GBP 1,024.96 per ounce.
Yesterday’s AM fix was USD 1,674.50, EUR 1,261.49 and GBP 1,027.87 per ounce.

Cross Currency Table

Precious metals remained under pressure yesterday and closed with losses for both gold and silver. Gold closed down 0.2% or $3.50 to $1669.30/oz. Silver closed with a loss of 1.7% – down 54 cents to $31.10/oz.

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18
Dec
2012

Japanese Pension Funds With $3.4 Trillion In Assets Seek Safety in Gold

Today’s AM fix was USD 1,699.50, EUR 1,289.26 and GBP 1,048.10 per ounce.
Yesterday’s AM fix was USD 1,690.00, EUR 1,285.27 and GBP 1,043.21 per ounce.

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17
Dec
2012

Special Offer: Silver Bars (1,000oz) at 1.2% and Coins (1oz) at 12% Until 21/12/12

 

Today’s AM fix was USD 1,690, EUR 1,285.27 and GBP 1,043.21 per ounce. 

Friday’s AM fix was USD 1,696.50, EUR 1,297.32 and GBP 1,051.38 per ounce. 

Last week, gold fell 1% and silver by 3% as the recent precious metals downtrend continued. 

Gold fell in Asia overnight and weakness continued in Europe leading to a third day of losses. 

Continuing strong investment and store of wealth demand is being trumped by the short term antics of speculative players and momentum traders – for now. 

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17
Oct
2012

Bloomberg TV: Gold Price To Reach $2500 an Ounce In 2013 – GoldCore

Today’s AM fix was 1,747.75 USD, 1,333.86 EUR, and 1,082.33 GBP per ounce.
Yesterday’s AM fix was USD 1,737.50, EUR 1,337.36 and GBP 1,080.40 per ounce.

Gold rose $11.25 or 0.65% in New York yesterday and closed at $1,747.65. Silver rose to 26 cents to close at $32.95 for a gain of 0.8%.

Both precious metals saw further gains in Asia prior to determined selling saw prices gradually fall back late in the Asian trading day and in early European trading.

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07
Sep
2012

Gold Imports To China From Hong Kong Double Again On Haven Demand

Today’s AM fix was USD 1,696.00, EUR 1,337.75, and GBP 1,062.06 per ounce.
Yesterday’s AM fix was USD 1,708.50, EUR 1,355.09and GBP 1,074.53 per ounce.

Cross Currency Table – (Bloomberg)

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16
Jul
2012

Gold Swap Dealers Go Net Long For Only Third Time

Today’s AM fix was USD 1584.00, EUR 1300.17 and GBP 1020.68 per ounce.
Friday’s AM fix was USD 1579.00, EUR 1294.05 and GBP 1022.34 per ounce.

Gold rose by $16.30 or 1.2% in New York on Friday to end the week 0.8% higher at $1,588/oz.
Silver rose 8 cents to close at $27.25/oz – a gain of 0.52% on the week.

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13
Jul
2012

‘Peak Gold’ – Gold Production Collapse Continues In South Africa

Today’s AM fix was USD 1579.00, EUR 1294.05 and GBP 1022.34 per ounce.
Yesterday’s AM fix was USD 1565.50, EUR 1281.10 and GBP 1011.96 per ounce.

Gold fell by 0.3% in New York yesterday and closed down $4.90 to $1,571.70/oz. After a sharp drop and equally sharp bounce higher, silver rose 0.3% or 8 cents to close at $27.17/oz

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