Precious Metals Update Archives - Page 5 of 37 - GoldCore News

Gold as an Inflation Hedge

Today’s AM fix was USD 1,594.50, EUR 1,293.29 and GBP 1,026 per ounce. Monday’s AM fix was USD 1,581, EUR 1,287.15 and GBP 1,020.66 per ounce. Gold closed at $1,587.80/oz in New York yesterday after having hit an intraday high of $1,592.80/oz. Gold’s gain on the day was $4/oz, or 0.25%. Silver closed at $27.34/oz, with a $0.23/oz or a 0.85% gain. Gold has been trading up in Asian and Europe this morning, and is currently at $1,595.83/oz. Silver is trading at $27.49/oz.

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The Effects of Increasing Global Money Supply on Gold

Today’s AM fix was USD 1581, EUR 1287.15 and GBP 1020.66 per ounce Friday’s AM fix was USD 1591.75, EUR 1285.54 and GBP 1024.29 per ounce. Gold fell by $20.60/oz in New York on Friday, closing at $1,583.80 with a small 0.93% loss on the week. Silver closed at $27.11/oz with a 1.35% loss. Gold is little changed in Asian and European trading this morning, and is currently at $1,583.54/oz. Silver is up slightly from Friday’s close, and currently trading at $27.21/oz.

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The Impact of Inflation and Deflation on Gold

Today’s AM fix was USD 1591.75, EUR 1285.54 and GBP 1024.29 per ounce. Yesterday’s AM fix was USD 1617.00, EUR 1285.37 and GBP 1032.90 per ounce. Gold fell by $18.40 in New York yesterday compared to Tuesday’s close prior to Independence Day, and ended with a small loss of 1.13% at $1,604.40/oz. Silver also dropped slightly, closing at $27.68/oz. Silver is currently trading at $27.48/oz.

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Gold Drops After ECB Cuts Rates to Record Low

Today’s AM fix was USD 1616.75, EUR 1292.99 and GBP 1037.58 per ounce. Yesterday’s AM fix was USD 1617.00, EUR 1285.37 and  GBP 1032.90 per ounce. The ECB has cut the main refinancing rate to record low of 0.75%. Gold dropped sharply immediately following the announcement, but is currently rising again. Gold is trading at $1603.75/oz. Analysts from Standard Bank in London say that a rate cut implies a lower real interest rate, which ultimately is bullish for gold. Gold's fundamentals have not changed.

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Gold Seen At USD 3,500, 6,000 and 10,000 Per Ounce

Today's AM fix was USD 1617.00, EUR 1285.37 and GBP 1032.90 per ounce. Yesterday’s AM fix was USD 1608.50, EUR 1278.31 and GBP 1025.70 per ounce. Gold rose by $24.40 in New York yesterday and closed up 1.5% at $1,622.80/oz. Silver surged to as high as $28.45 and ended with a gain of nearly 3%. Gold has traded erratically overnight and this morning in Europe but is slightly lower than yesterday’s close in New York.

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Gold Coin Demand in H1 2012 Shows Fundamentals Driving Current Demand

Today's AM fix was USD 1608.50, EUR 1278.31 and GBP 1025.70 per ounce. Yesterday’s AM fix was USD 1,596.25, EUR 1,263.26, and GBP 1,018.34 per ounce. In New York yesterday, gold rose to $1602.14 in late morning New York trade, but it then came under selling pressure towards the close and ended with a loss of 0.02%.

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Commerzbank and Barclays Capital Positive On Gold

Today's AM fix was USD 1,596.25, EUR 1,263.26, and GBP 1,018.34 per ounce. Friday’s AM fix was USD 1,569.50, EUR 1,248.01, and GBP 1,006.09 per ounce. Gold ticked lower in Asia prior to a brief bounce in Europe prior to further losses which have seen gold fall to 1,590.40 USD/oz. Gold is marginally lower in pounds at 1,015.80 GBP/oz and marginally higher in euros and Swiss francs at 1,263.30 EUR/oz and 1,517.70 CHF/oz.

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Europeans Storing Gold in Switzerland On Concerns About Inflation and Systemic Risk

Today's AM fix was USD 1,569.50, EUR 1,248.01, and GBP 1,006.09 per ounce. Yesterday’s AM fix was USD 1,567.75, EUR 1,261.47, and GBP 1,008.98 per ounce. Silver is trading at $27.26/oz, €21.25/oz and £17.54/oz. Platinum is trading at $1,420.25/oz, palladium at $576.20/oz and rhodium at $1,190/oz. Gold fell $17.70 or 1.12% in New York yesterday and closed at $1,557.00/oz. Gold climbed over 1% overnight in Asia and maintained those gains in European trading.

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Gold Bullion Coin – 1 Tonne Australian Kangaroo – Enters Guinness Book of Records

Today's AM fix was USD 1,567.75, EUR 1,261.47, and GBP 1,008.98 per ounce. Yesterday’s AM fix was USD 1,567.50, EUR 1,255.31, and GBP 1,003.39 per ounce.

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Gold Bides Time As ‘Risk Free’ German Debt Downgraded On “Exposure to Eurozone”

Today's AM fix was USD 1,567.50, EUR 1,255.31, and GBP 1,003.39 per ounce. Yesterday’s AM fix was USD 1,583.25, EUR 1,267.41, and GBP 1,013.73 per ounce. Silver is trading at $26.85/oz, €21.59/oz and £17.87/oz. Platinum is trading at $1,416.00/oz, palladium at $580.00/oz and rhodium at $1,190/oz. Gold fell $11.90 or 0.9% and closed at $1,573.75/oz yesterday. Gold initially rose prior to gradual easing and that selling pressure increased soon after the open in Europe. Long term support is at $1,530/oz and resistance is at $1,640/oz.

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Turkey, Russia, Ukraine and Kazakhstan Further Diversify Into Gold

Today's AM fix was USD 1,583.25, EUR 1,267.41, and GBP 1,013.73 per ounce. Yesterday’s AM fix was USD 1,569.00, EUR 1,256.41, and GBP 1,009.00 per ounce.

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US Dollar, Euro (DM before 1999), Yen and Sterling Depreciation Against Gold Since 1900

Today's AM fix was USD 1,569.00, EUR 1,256.406 and GBP 1,009.0 per ounce. Friday’s AM fix was USD1,570.50, EUR 1,251.79 and GBP 1,005.70 per ounce.

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Central Bank Gold Manipulation “Steady As Ever” – Avoid “Paper Gold”

Today's AM fix was USD 1,571.50, EUR 1,251.79, and GBP 1,005.70 per ounce. Yesterday’s AM fix was USD 1,600.00, EUR 1,261.43, and GBP 1,017.17 per ounce.

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Russia Buys 0.5 Million Ounces and Bank of Korea “Needs To Buy More” Gold

Today's AM fix was USD 1,600.00, EUR 1,261.43, and GBP 1,017.17 per ounce. Yesterday’s AM fix was USD 1,618.75, EUR 1,274.81, and GBP 1,029.41 per ounce. Silver is trading at $28.03/oz, €22.17/oz and £17.91/oz. Platinum is trading at $1,466.00/oz, palladium at $618.60/oz and rhodium at $1,215/oz. Gold fell $13.80 or 0.82% yesterday in New York and closed at $1,606.40/oz. Gold fell further in Asia and in early European trading prior to recovering back to the $1,600/oz level.

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Gold To Repeat July/ August 2011 Gain Of Over 27 Per Cent?

Today's AM fix was USD 1,618.75, EUR 1,274.81, and GBP 1,029.41 per ounce. Yesterday’s AM fix was USD 1,628.50, EUR 1,291.74, and GBP 1,040.31 per ounce. Silver is trading at $28.43/oz, €22.46/oz and £18.13/oz. Platinum is trading at $1,480.75/oz, palladium at $624.30/oz and rhodium at $1,215/oz. Gold dropped $7.80 or 0.48% yesterday in New York and closed at $1,619.60/oz. Gold traded flat to slightly higher in Asia prior to dipping in European trade after the London Am Fix.

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Gold More Than 50% Below Real Record High Of 32 Years Ago

Today's AM fix was USD 1,628.50, EUR 1,291.74, and GBP 1,040.31 per ounce. Yesterday’s AM fix was USD 1,623.50, EUR 1,284.52, and GBP 1,035.20 per ounce.

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Gold Falls Then Ticks Higher – Spain and Italy 10 Year Over 7% and 6%

Today's AM fix was USD 1,623.50, EUR 1,284.52, and GBP 1,035.20 per ounce. Friday’s AM fix was USD 1,619.00, EUR 1,289.83, and GBP 1,044.65 per ounce.

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Gold Will Be Top Performer in 2012 – UBS Poll Of 8 Trillion USD Official Sector

Today's AM fix was USD 1,622.25, EUR 1,284.44, and GBP1,043.58 per ounce. Yesterday’s AM fix was USD 1,619.00, EUR 1,289.83, and GBP 1,044.65 per ounce. Silver is trading at $28.80/oz, €22.92/oz and £18.59/oz. Platinum is trading at $1,498.70/oz, palladium at $633.52/oz and rhodium at $1,215/oz. Gold edged up $5.50 or 0.34% yesterday in New York and closed at $1,624.30/oz.  Gold traded sideways in Asia and is remaining in a narrow range holding above $1,620/oz in European trading.

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Anthony Robbins Bullish On Gold – Faber and Bass His Financial Gurus

Today's AM fix was USD 1,619.00, EUR 1,289.83, and GBP 1,044.65 per ounce. Yesterday’s AM fix was USD 1,612.75, EUR 1,286.19, and GBP 1,034.94 per ounce.

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Gold To Protect As Bank ‘Holidays’, ATM and Deposit Withdrawal Restrictions and Capital Controls Loom

Today's AM fix was USD 1,612.75, EUR 1,286.19, and GBP 1,034.94 per ounce. Yesterday’s AM fix was USD 1,589.25, EUR 1,271.40, and GBP 1,025.65 per ounce. Silver is trading at $28.90/oz, €23.16/oz and £18.65/oz. Platinum is trading at $1,455.20/oz, palladium at $617.60/oz and rhodium at $1,200/oz. Gold rose $11.40 or 0.71% yesterday in New York and closed at $1,611.60/oz.  Gold started out trading sideways in Asia and then edged up in early European trading.  

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Gold steady; U.S. govt shutdown worries investors

Gold and Silver Bullion - News and Commentary Gold steady; U.S. govt shutdown worries investors (Reuters.com) Stocks Mixed, Dollar Flat With Shutdown in Focus (Bloomberg.com) Palladium flows from west to east to meet industry demand (Reuters.com) METALS START THE WEEK ON[...]

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Gold ETF Assets Climb to Highest Since 2013

Gold and Silver Bullion - News and Commentary Gold ETF Assets Climb to Highest Since 2013 (Bloomberg.com) Gold firm as dollar sinks further (Reuters.com) Australia Is Cashing In on Gold ETFs (Bloomberg.com) South Korea now requires verified ID to trade cryptocurrencies[...]

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Central Bank Of Russia Adds A Record 223 Tons Of Gold In 2017

Gold and Silver Bullion - News and Commentary Gold steady on weak dollar; stocks surge as U.S. government shutdown ends (Reuters.com) Asian Stocks Reach Fresh Record High; Oil Climbs (Bloomberg.com) U.S. Stocks Gain as Senate Votes to End Shutdown (Bloomberg.com) Demand[...]

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