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Gold slips after Bernanke commentsGold fell for a third straight session on Thursday after US Federal Reserve chairman Ben Bernanke hinted at reducing an $85 billion bond-buying programme, which has increased the precious metal's appeal as a hedge against inflation. More… |
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Barclays advises on equities over bondsWith most bonds continuing to trade above their par values, and at levels that leave them very sensitive to changes in interest rate expectations, Barclays strongly favours stocks over bonds, the bank said in a report. Barclays co More… |
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Gold gains on China demandGold edged higher on Wednesday due to strong Chinese demand and after Federal Reserve officials allayed investor concerns that the US central bank will soon exit its bullion-friendly bond purchases. Gold has been pressured i More… |
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Gold extends losses on firm dollarGold, down in seven of its last eight sessions extended earlier losses on Tuesday on a firm dollar, weak technical signals and speculation that the US Federal Reserve might rein in its stimulus pr More… |
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Gold falls further in longest losing streakGold fell on Friday for a seventh straight session, in its longest losing streak since March 2009, as the dollar strengthened and investors cut exposure to the precious metal, fearing further drop More… |
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Gold falls again; may re-test April lowsGold dropped for the sixth consecutive session on Thursday, hitting its lowest level in four weeks, on a stronger dollar and battered investor sentiment. Ra More… |
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US to rigorously enforce gold ban on IranThe US will rigorously enforce "without fear or fail" sanctions starting on July 1 that ban governments or private companies from selling gold to Iran, a top Treasury official said. More… |
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Gold rises on weaker dollar after 3-day fallGold rose on Tuesday for the first time in four sessions, aided by a softer dollar, but persistent outflows from exchange-traded funds reflected investors' waning interest in the metal as a safe haven. A surprise rise in US re More… |
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Firm dollar hits oil, gold, sharesOil and gold prices fell on Monday as the dollar strengthened, dragging Asian shares lower, but Japanese equities outperformed on the back of the yen's slide to a fresh 4-1/2-year low against the US currency. Investors remaine More… |
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Gold near 2-week high; equities cap gainsGold neared its highest level in more than two weeks on Monday, but gains may be capped by a rally in equity markets and promising US jobs data that dampened speculation the Federal Reserve may boost monetary stimulus. Bullion has More… |
