
economy
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This Week in Gold: Market shake-ups
- October 17, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
No CommentsThis week in gold, concerns over factors such as global economic growth, corporate earnings, and the Ebola virus shook up the markets, as gold rallied to a 1-month high and the stock market experienced one of its worst-performing days since 2011. We also explained to you the anatomy of U.S. coinage – useful knowledge for anyone who owns or is
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Mixed Sentiments in Latest Federal Reserve Meeting Minutes
- August 21, 2014
- Posted by: Orkan Ozkan
- Category: Government
Minutes from the U.S. Federal Reserve’s late-July policy meeting released on Thursday were mixed in terms of a possible earlier interest rate hike. Market reactions were mixed as well, as gold fell to a two-week low, bond yields dipped, and stocks and the U.S. dollar fell at first but then rallied. “The hawkish voices within the Fed have become louder. While
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This Week in Gold, and Argentina’s Default
- August 1, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
This week in gold was full of economic news that investors then reacted to in markets far and wide. The data on the U.S. economy was mostly positive, but not without caution. Meanwhile, Argentina has defaulted on its debt, sending markets into a tailspin. Geopolitical tensions have also been weighing on the precious metals market, with
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Fed Meeting Minutes Released, Precious Metals Rally
- July 9, 2014
- Posted by: Orkan Ozkan
- Category: News
Minutes from the Federal Open Market Committee’s mid-June meeting were released at 2:00 p.m. EST today and the precious metals market has reacted accordingly. Gold hit $1,330 an ounce, a rise of 1%, just a half hour after the minutes were made public. They revealed much of what was expected: there will be no hike
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Gold Rallies to 10-Week High, Largest Monthly Gain Since February
- June 30, 2014
- Posted by: Orkan Ozkan
- Category: News
Gold ended the trading day at $1,322 an ounce on the Comex division of the New York Stock Exchange on Monday, a 10-week high, 6.1% gain for the month of June, and 3% gain for Q2. This is gold’s largest monthly gain since February. Kitco points out that technical buying, bargain buying, and the U.S. dollar
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This Week in Gold: Ukraine, China, and U.S. Jobs Data
- March 14, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
Gold experts were buzzing in late 2013 about prices increasing in 2014, and they seem to be correct so far – gold prices have risen 11% since the start of this year. Both domestic and international news in particular have had a large impact on gold prices as of late. This week in gold, the
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Slowed China Production and Ben Bernanke
- May 24, 2013
- Posted by: Orkan Ozkan
- Category: News
Gold prices shifted up and down this week due to various market factors. Overall gold started to stabilize in the past couple days around $1,390 per ounce. Here is a look at two recent stories that may shape the future of gold in the coming weeks. Production in China Slows Gold prices had help breaking
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Are Precious Metals Gleaming Again?
- March 15, 2013
- Posted by: Orkan Ozkan
- Category: News
In a recent article by MSN Money, Anthony Mirhaydari makes the case for why Gold values may begin gleaming again. Here is a quick recap of some of the main points in his article. 1. Even with the Dow at a new high, under the surface, there are signs that insiders are pulling back and looking
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American Bullion and the Three Little Piggies
- February 13, 2013
- Posted by: Orkan Ozkan
- Category: Press & Media
American Bullion recently launched our newest radio ad featuring a financial twist on the story of the Three Little Piggies. This ad will be heard on popular radio stations across America starting next week, but we’re offering you the chance to get a sneak peek and hear it here first. If you hear this ad
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Gold Soars on Unemployment Report, Fearful Economic Outlook
- June 1, 2012
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA – August gold future contracts rose sharply Friday on fresh unemployment news out of the United States and deepening fear that the global economy has taken a turn for the worse. August gold contracts on the Comex division of the New York Mercantile Exchange rose to $1626.30 an ounce, up almost 4%
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