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US Gold Scrap prices may decline this week in line with Gold Futures

United States gold scrap prices expected to remain under pressure in line with gold futures prices as a robust dollar might outweigh safe-haven demand after Greeks had rejected the terms of a bailout package in a referendum held over the weekend. In the ...

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Oil, gold prices retreat on Greek crisis, Iranian oil

Oil prices came under pressure this week from concerns about Greece’s future in the eurozone and the possibility of higher Iranian crude supplies. Gold failed to benefit from its status as a haven investment. US markets were shut on Friday ...

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Gold capped below $1,200 as bond yields jump

Gold remained under pressure on Thursday as higher bond yields dented the investment appeal of the metal, while uncertainty over the timing of a Federal Reserve rate hike also weighed.   Spot gold was little changed at $1,190.31 an ounce by 0050 ...

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Oil hits 2015 peak; gold prices fall

Brent oil prices jumped this week to the highest level so far this year, as the latest Saudi-led air strikes on Yemen stoked supply tensions in the crude-rich Middle East. Elsewhere, precious metal gold sank on sliding safe-haven demand as ...

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Gold Prices Stuck in Dollars Despite 100% Grexit Risk, Holds 22% Uptrend in Euros

Gold prices fell again from a rally back to $1200 per ounce in London Tuesday lunchtime, also retreating from 3-session highs against the Euro as Greek banking shares sank with Athens’ bond prices on fresh fears of a state default ...

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Gold prices flat in Asia after reserve ratio cut by China

Gold was flat in early Asia after China at the weekend moved aggressively to ease monetary policy in the wake of data last week that pointed to lackluster economic performance by the standards of the Middle Kingdom. On the Comex ...

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Gold Prices Lose ‘Important’ $1200 Mark Again After ‘Breaking Downtrend’, China Equities Surge

Gold prices slipped against the rising Dollar lunchtime Monday in London, dropping through what one trading desk called “the psychologically important” $1200 per ounce mark as the US currency hit fresh multi-year highs on the FX market. New York’s stock ...

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6th April, 2015: Scrap gold and platinum prices stay flat on Index

The daily scrap gold and platinum prices – hallmarked and non- hallmarked remained flat on Monday, 6th April on the ScrapMonster Price Index. Also, the prices of Silver scrap remained unchanged over the day.   In the Hallmarked category, the 14 carat ...

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Gold Prices Fall Below $1200 as US Data Reverse Jobs Surprise; ETF Flows Defy ‘Bullish’ Surveys

Gold prices fell hard mid-afternoon Thursday in London, dropping back through the $1200 level to head into the long Easter weekend unchanged from last Friday.   Following Wednesday’s weaker-than-expected ADP estimate of net US jobs hiring for March, new data ...

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Gold Sees Solid Gains on Weak U.S. Data, Bullish Outside Markets

Gold prices ended the U.S. day session sharply higher Wednesday, boosted on heavy short covering in the futures market and bargain hunting on the spot (cash) market. Some downbeat U.S. economic data also propelled gold and silver prices to the upside. Bullish “outside market” ...

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