Gold News

85% of Pension Funds Will Go Bust Within 30 Years

Today’s AM fix was USD 1,311.50, EUR 950.43 & GBP 784.06 per ounce. Yesterday’s AM fix was USD 1,324.50, EUR 958.05 & GBP 792.21 per ounce. Gold rose $8.90 or 0.68% yesterday, closing at $1,326.70/oz. Silver rose $0.04 or 0.2% yesterday to $19.99/oz. Gold fell from a three week high today on speculation that very tentative signs of an improving U.S. economy will curb demand for the safe haven. A report yesterday showed U.S. retail sales increased more in March than economists forecast.

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Palladium, Gas And Wheat Surge On Russian Supply Fears

Today’s AM fix was USD 1,324.50, EUR 958.05 & GBP 792.21 per ounce. Friday’s AM fix was USD 1,317.25, EUR 948.62 & GBP 785.71 per ounce. Gold dropped $0.20, or 0.015%, by close of trading on Friday to $1,317.80/oz, but showed a gain of 1.10% on the week. Silver lost $0.10 on Friday, closing at $19.95/oz with a 0.5% loss on the day but a small gain of 0.05% on the week.

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Banks Risk “Bail-In” – New Rating Agency

Today’s AM fix was USD 1,287.25, EUR 935.09 and GBP 775.13 per ounce. Yesterday’s AM fix was USD 1,284.00, EUR 930.91 and GBP 771.26 per ounce. Gold climbed $9.50 or 0.74% yesterday to $1,290.00/oz. Silver rose $0.15 or 0.76% yesterday to $19.96/oz.   Gold in Euros, January 2008 to April, 3, 2014 - (Thomson Reuters)

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Iraq Buys Massive 36 Tonnes Of Gold In March

Today’s AM fix was USD 1,314.75, EUR 951.82 and GBP 796.87 per ounce. Yesterday’s AM fix was USD 1,322.00, EUR 960.34 and GBP 801.94 per ounce.     Gold dropped $23.40 or 1.76% yesterday to $1,309.50/oz. Silver fell $0.31 or 1.53% at $19.98/oz. Gold in U.S. Dollars, 5 Year - (Thomson Reuters)

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