
ukraine
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Gold Falls to 7 1/2-Month Low
- September 11, 2014
- Posted by: Orkan Ozkan
- Category: Currency, Gold, Government, News
No CommentsFacing a strong dollar, easing tensions in Ukraine, low inflation, and a possible Fed interest rate hike, gold fell to a 7 1/2-month low on Thursday. Gold for December delivery fell 0.7% to $1,237.10 an ounce by 11:44 a.m. EST on the Comex – its lowest price since January 2014. Silver is also struggling, now at
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U.S. Dollar Rallies, Gold and Palladium Fall
- September 2, 2014
- Posted by: Orkan Ozkan
- Category: Currency, Gold, Government, News, Palladium
Gold and palladium prices fell on Tuesday as a stronger U.S. dollar offset geopolitical tensions in Ukraine. Gold for December delivery was down $19.20, or 1.5%, at $1,268.20 an ounce on the Comex – its lowest level since June 18. Palladium for December delivery was down $21.95, or 2.4%, at $887.60 an ounce on the Nymex.
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Central Banks Increasing Gold Holdings
- August 26, 2014
- Posted by: Orkan Ozkan
- Category: Gold, Government, News
A notable number of central banks, many from countries with developing economies, have been increasing their official gold reserves over the past few years, writes the Wall Street Journal. The central banks of Russia and Kazakhstan in particular raised their holdings in July despite gold’s less-than-stellar recent performance. In Tuesday morning trading gold peaked at $1,291.10 per ounce, and has
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Gold Breaks Losing Streak, Palladium Near 13-Year High
- August 19, 2014
- Posted by: Orkan Ozkan
- Category: Gold, Government, News, Palladium
Geopolitical tensions aided gold in ending a two-day losing streak on Tuesday morning, but a stronger U.S. dollar and booming equities market curbed gains. Spot gold rose 0.3% to $1,301.14 an ounce, trading in a small $5 an ounce range indicating low trading volumes. Palladium, an oft-forgotten precious metal, made headlines by almost reaching its 13-year high of $900 an
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This Week in Gold: More Geopolitics, Gold Outperforms, Silver Trends
- August 15, 2014
- Posted by: Orkan Ozkan
- Category: Gold, News, Silver, This Week in Gold
This week in gold, more Russia/Ukraine concerns helped gold pass $1,310, data showed that gold has outperformed all other major asset classes this year, and an analyst from Casey Research gave seven reasons he is excited about silver and its potential. On Friday morning gold was at $1,303.03 an ounce by 8:16 am PST after some new Ukraine headlines
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Gold Passes $1,310 on More Russia/Ukraine Concerns
- August 12, 2014
- Posted by: Orkan Ozkan
- Category: Gold, News
Spot gold went up 0.3% to $1,314.80 an ounce on Tuesday morning, while gold for December delivery was up $6.00 an ounce at $1,316.50. Analysts are citing geopolitical concerns regarding Russia and Ukraine as well as falling confidence in the U.S. and European economies. Ukrainian military spokesman Andriy Lysenko said on Monday that Russia had amassed 45,000
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This Week in Gold: Ron Paul, India, Retirement, More Geopolitical Woes
- August 8, 2014
- Posted by: Orkan Ozkan
- Category: Gold, Government, News, Retirement, This Week in Gold
This week in gold, Ron Paul explained to CNBC why he still believes in gold, India continued its deep culturally-embedded love affair with the yellow metal, high levels of geopolitical and economic woes shook markets, and a study gave insight into how much is enough to retire happy. Looking back at the week, we are reminded
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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
Gold 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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This Week in Gold, and Argentina’s Default
- August 1, 2014
- Posted by: Orkan Ozkan
- Category: Gold, Government, News, 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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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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