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Stronger Dollar “Makes Gold Rally Difficult”, Chinese Buyers “On the Sidelines”, Indian Dealers “Just Buying What They Need”

London Gold Market Report from Ben Traynor BullionVault Friday 11 May 2012, 08:00 EDT WHOLESALE MARKET gold prices touched their lowest level since the first week of January Friday, hitting $1574 an ounce before recovering some ground, while stocks and commodities fell and US Treasury bonds gained, with dealers in major gold buying countries reporting continued …

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Precious Metals Steady as China Spurns Euro Debt, Greece Warned on Euro Exit

London Gold Market Report from Adrian Ash BullionVault Thurs 10 May, 08:25 EST WHOLESALE MARKET prices to buy gold and silver repeated yesterday’s rally in London trade after a slight drop Thursday morning, rising back above $1594 and $29.30 per ounce respectively as platinum and palladium also stemmed this week’s sharp drops. “Technically, many [precious …

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“Bearish” Gold Hits 4-Month Low as Markets Fear Greek “Knock-On Effects”

London Gold Market Report from Ben Traynor BullionVault Wednesday 9 May 2012, 08:00 EDT SPOT MARKET gold bullion prices fell to their lowest level in four months during Wednesday morning’s London trading, hitting $1581 an ounce – 3.7% down on the week so far – while European stock markets and commodities also fell and US Treasuries …

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Silver Falls to Lowest Since January, China and India Could Offer “Key Support” for Gold

London Gold Market Report from Ben Traynor BullionVault Tuesday 8 May 2012, 07:45 EDT WHOLESALE MARKET gold prices fell to $1625 an ounce during Tuesday morning’s London trading – their lowest level in over a fortnight – as stocks and commodities also ticked lower and the Dollar extended recent gains, with markets still digesting the weekend’s …

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Currency Speculators cut US Dollar longs for 3rd week. Canadian Dollar positions surge higher

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators decreased their overall US dollar long positions last week for a third consecutive week while Canadian dollar positions showed the largest upward movement and reached their highest position in over a …

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The Dollar and Manipulation Control the Market

By Chris Vermeulen, GoldAndOilGuy.com Over the weekend I had an interesting conversation with a local trader. We typically meet a few times a year to share our market outlooks, new trading tools and techniques, and usually finish our session off in a debate about the US market manipulation and how to trade around it. Talking …

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The Dollar & Gold Have Eyes on Europe

By JW Jones – www.OptionsTradingSignals.com Friday saw heavy selling pressure coming into risk assets, specifically equities and oil. However, the real driving force behind the selling pressure is likely the result of several unrelated economic/geopolitical events. Clearly the unemployment report had an impact on price action, but strangely enough it would appear to those more …

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Gold Rallies Following Disappointing Nonfarm Jobs Data, Gold in Pounds Touches Lowest Level This Year, Fed Interest Rates “Too Low” by Taylor Rule

London Gold Market Report from Ben Traynor BullionVault Friday 4 May 2012, 09:00 EDT U.S. DOLLAR gold prices rallied to $1640 an ounce Friday, following the release of disappointing US nonfarm jobs data, though they remained more than 1% down on last Friday’s close. Silver prices also spiked higher, touching $30.19 per ounce – still 3.4% down …

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Gold “Lackluster” in “Calm Before Storm” as Record-High Rupee Prices Boost Indian Speculation, Dent Physical Demand

London Gold Market Report from Adrian Ash BullionVault Thurs 3 May, 08:50 EST THE PRICE OF GOLD in wholesale trading slipped to a new 1-week low at $1640 per ounce in London on Thursday as the US Dollar rose and crude oil slipped again. Ahead of Friday’s much-anticipated US Non-Farm Payrolls report for April, weekly …

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