Category: Precious Metals Update

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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01
Mar
2012

Gold and Silver Plunge – Called “Intervention”, “Window Dressing”, “Temporary Smash”, “Paper Fiasco”

Gold’s London AM fix this morning was USD 1,721.00, EUR 1,289.812, and GBP 1,079.13 per ounce.

Yesterday’s AM fix was USD 1,788.00, EUR 1,329.96, and GBP 1,120.79 per ounce.

Gold fell 5% in New York yesterday and closed at $1,696.70/oz. This was its largest one day loss since December 2008. Spot silver was down 6.4 percent at $35.54/oz, reversing the 4.5% seen Tuesday.

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29
Feb
2012

SILVER SURGES 4.5% TO OVER $37/OZ ON “MASSIVE FUND BUYING”

Gold’s London AM fix this morning was USD 1,788.00, EUR 1,329.96, and GBP 1,120.79 per ounce..

Yesterday’s AM fix was USD 1,774.75, EUR 1,321.48, and GBP 1,120.42 per ounce.


Cross Currency Table – (Bloomberg)

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