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Gold Price Today Retreats on Position Squaring

By   /  March 14, 2016  /  Gold Price, Pawn News  /  No Comments

gold222

Original article found on economiccalendar.com Gold prices found some support below US$1250 per ounce on Friday, which initially helped underpin prices in early European trading on Monday, but downside pressures prevailed for the day overall. Risk appetite was mixed on Monday with some concerns over the latest Chinese industrial and retail sales data released over the [...]

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$5 Million of Colored Diamonds Launched Under PinkCoin, World’s First Diamond Backed Crypto Currency

By   /  January 25, 2016  /  Collateral Loan, Gold Price, Jewelry, Pawn News  /  No Comments

fancypink

Original article found on nasdaq.com Precious Investments Inc. (Pink Sheets:PNIK) announced today that their wholly owned subsidiary, BitGems Asset Management, LTD (BVI), has successfully launched the crowdsale sale of 5 Million PinkCoins at US$1 per coin backed by a portfolio of US$5 Million of colored diamonds. PinkCoins are now available at the virtual currency exchange http://www.coinsquare.io/, [...]

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Gold Inches Up on Support From Softer Dollar

By   /  November 9, 2015  /  Gold Price  /  No Comments

golddown

Original article found on wsj.com Gold prices edged higher on Monday as the dollar weakened and some bearish traders left the market to lock in gains on the recent selloff. The most actively traded contract, for December delivery, rose 40 cents to $1,088.10 a troy ounce on the cosmic division of the New York Mercantile [...]

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Gold Up on Weak Dollar, Hopes Fed Will Put Off Rate Increase

By   /  October 26, 2015  /  Gold Price, Pawn News  /  No Comments

gold2

Original article found on wsj.com Gold prices rose Monday as the dollar weakened and as some investors wagered the Federal Reserve would stand pat on interest rates at its coming monetary policy-setting meeting. The most actively traded gold futures contract, for December delivery, was recently up $4.90, or 0.4%, at $1,167.70 a troy ounce on [...]

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Gold Stages Comeback, Erasing 2015 Losses on View Fed May Delay

By   /  October 19, 2015  /  Gold Price, Pawn News  /  No Comments

gold2015

Original article on bloomberg.com Go ahead, call it a comeback: gold just erased its 2015 losses. The metal jumped to the highest in more than three months on Thursday as evidence that economies are slackening from China to Europe damped expectations the Federal Reserve will soon raise interest rates. Signs of stagnating U.S. inflation and retail sales [...]

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Gold Shakes Off Losses on Dovish Fed Tone

By   /  October 8, 2015  /  Gold Price  /  No Comments

gold2

Original article found on wsj.com Gold prices fell on Thursday as some investors trimmed their gold holdings ahead of minutes from the Federal Reserve’s September policy meeting, scheduled for release later in the day. The most actively traded contract, for December delivery, was recently down $4.50, or 0.4%, at $1,144.20 a troy ounce on the [...]

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Gold rallies to eight-month high, platinum claws back

By   /  September 25, 2015  /  Gold Price, Pawn News  /  No Comments

Original article found on smh.com.au The gold price hit $US1156 per ounce as the dollar eased. Photo: Jim Rice Gold rallied more than 2 per cent on Thursday for the biggest one-day gain in almost eight months as a weak US dollar sparked short covering while platinum recovered from a four-day rout even as car demand woes lingered. [...]

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Rise in Gold Price Crimped by Concerns Over U.S. Interest Rates

By   /  September 21, 2015  /  Gold Price, Pawn News  /  No Comments

blooombergGold

Original article found on wsj.com The price of gold was slightly higher on Tuesday, but its gains remain capped by concerns that U.S. interest rates and the dollar will rise. Gold ended Monday’s U.S. trading session 0.4% lower as the dollar gained and investors bet the Federal Reserve will raise U.S. rates by the end [...]

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Gold price continues to ‘seek out a bottom’

By   /  September 14, 2015  /  Gold Price, Pawn News  /  No Comments

gold915

Original article from theweek.co.uk Gold recovered modestly on Thursday after hitting its lowest level for a month on renewed rate rise speculation, but analysts expect the downward trend to continue as the price “seeks out a bottom”. More immediately, Daily FX‘s currency strategist James Stanley says “near-term support has come in just above the $1,100 level”. [...]

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Gold Prices Slip on Strong Dollar, Stocks Rebound

By   /  September 2, 2015  /  Gold Price, Pawn News  /  No Comments

goldpricesrise

Original article found on wsj.com Gold prices edged lower on Wednesday as a stronger dollar and gains in equity markets tempered investor appetite for the haven asset. The most actively traded contract, for December delivery, was recently down 70 cents, or 0.1%, at $1,139.10 a troy ounce on the Comex division of the New York [...]

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