Gold Core

Palladium's Fundamentals and Technicals Remain Positive

Published by under Market Updates | Precious Metals Update |

Gold Gold dipped quickly in early US trading yesterday to $1,108.00/oz before recovering to close down 0.12%. It has range traded from $1,122/oz to $1,126/oz so far in Asian trading this morning. Gold has risen and is currently trading at $1,125.50/oz and in euro and GBP terms, gold is trading at €829/oz and £756/oz respectively.

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GoldCore Update: Silver Surges 5% in Week - Ready for Break Out to New Highs?

Published by under Market Updates | Precious Metals Update |

Gold
Gold reached as high as $1,140/oz in New York on Friday before closing marginally for the day at $1,134/oz but up over 1% on the week to maintain the positive technical action. It went as high as $1,138/oz so far in Asian trading this morning. Gold is currently trading at $1,137/oz and in euro and GBP terms, gold is trading at €831/oz and £748/oz respectively.

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GoldCore Update: Gold’s Technicals Improved as Markets Await US Jobs Report

Published by under Market Updates | Precious Metals Update |

Gold Gold had a strong run in London and the US rising to $1,144.85/oz before falling back slightly to close up 0.55% in US trading. It has dropped as low as $1,132.00/oz in Asian trading this morning before bouncing somewhat. Gold is currently trading at $1,138.00/oz and in euro and GBP terms, gold is trading at €833/oz and £756/oz respectively - near recent nominal highs in both currencies.

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GoldCore Update: Fears of New Sterling Crisis See Sterling Fall Sharply Against Gold

Published by under Market Updates | Precious Metals Update |

Gold
Gold range traded between $1,115.00/oz and $1,120.00/oz before closing marginally lower at $1,117.40/oz in US trading. It reached as high as $1,120.00/oz in Asian trading earlier this morning. In early European trading, gold rallied to a weekly high, trading at $1,121.80/oz and in euro and GBP terms, gold is trading at €828/oz and £749/oz respectively.

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GoldCore Update - Gold steady near record high in Euro

Published by stephen.flood under Market Updates | Precious Metals Update |

GOLD

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GoldCore Update 16/02/2010

Published by stephen.flood under Market Updates | Precious Metals Update |

Gold
Gold built on last week’s gains and rose nearly 1% yesterday, closing at $1,099.50/oz and gold also rose in other major currencies. Gold has risen in Asian trading and again in early European trade and is currently trading at $1,113.20/oz and in euro and GBP terms €816/oz and £710/oz respectively. As expected the crisis in the Eurozone has seen gold surge in Euro terms to new record (nominal) highs over €817/oz – thus surpassing the previous record high seen in December 2009 at €813/oz.

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GoldCore Update: Global Investment Guru Sees Gold as "Great Buying Opportunity"

Published by under Market Updates | Precious Metals Update |

Gold
Gold rallied as high as $1,083/oz early yesterday in US trading before dropping by $19 but it soon recovered to finish the day down marginally at $1,075.30/oz. It moved upwards to as high as $1,080/oz in Asian trading this morning and has held those gains in morning traded in Europe. Gold is currently trading at $1,078.00/oz and in euro and GBP terms, at €785/oz and £693/oz respectively. The fiscal challenges facing the UK and eurozone economies are seeing gold challenge resistances at £700/oz and €800/oz.

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GoldCore Update: Poor German and UK Data Underlines Sterling and Euro Risk

Published by under Market Updates | Precious Metals Update |

Gold
Gold rose some 1% in US trading yesterday to close at $1,065.30/oz. It then rallied to over $1,073/oz Asian trading before giving up some of those gains in European trading this morning. Gold is currently trading at $1,066.00/oz and in euro and GBP terms, gold is trading at €779/oz and £685/oz respectively.

The Dow’s close below 10,000 yesterday will make market participants nervous especially from a technical perspective. However, world stock markets have not reacted overly negatively and are mixed this morning.

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GoldCore Update: Turmoil on Sovereign Contagion and Economic Growth Risk

Published by under Market Updates | Precious Metals Update |

Gold
Gold fell sharply yesterday and is trading at $1,052/oz. In Euro and GBP terms, gold is trading at €770/oz and £673/oz. Support for gold is currently seen at $1,025/oz to $1,030/oz and resistance at $1,115/oz.

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