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Gold Rallies on High Levels of Geopolitical and Economic Uncertainty
- August 6, 2014
- Posted by: Orkan Ozkan
- Category: Gold, Government, News
No CommentsGold reached its highest price in almost two weeks on Wednesday, as investors worried about geopolitical tensions and the economic landscape in Europe. Gold for December delivery gained $22.90, or 1.8%, to reach $1,308.20 per ounce – its highest price since July 21. In summary, investors have been watching the following economic and geopolitical stories: Italy’s economy has fallen into recession
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Gold Investors Weigh Latest U.S. Economic Data Against Geopolitics
- July 30, 2014
- Posted by: Orkan Ozkan
- Category: Gold, Government, News
Gold fell from a one-week high on Tuesday but was little changed on Wednesday morning as investors are weighing signs of an improving U.S. economy against geopolitical tensions in Russia/Ukraine and the Middle East. The Federal Reserve concludes their two-day meeting on Wednesday, and data is expected to show that the economy rebounded last quarter.
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This Week in Gold: Geopolitical Events Take Center Stage
- July 18, 2014
- Posted by: Orkan Ozkan
- Category: Gold, Government, News, This Week in Gold
This week in gold, we explained quantitative easing in two parts, recapped Janet Yellen’s testimony on the state of the economy, and witnessed geopolitical events that made waves in the markets and beyond. If you’re feeling overwhelmed with everything that happened in the world this week, and what you can do about it when it comes
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