News Articles
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Why Gold and Silver Are Soaring
(Read More)Gold and silver have had phenomenal weeks, with the metals rising nearly 3 percent and 6 percent, respectively. Many columnists are claiming that this is due to escalating tensions in Iraq and the rising possibility that the Iraqi state will enter a state of chaos. . .
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There’s Something Fishy Going On in the Gold Market
(Read More)In January, the contrarian investor in me won out: I decided to buy gold.
In March I talked about how increased activity in the gold market might mean the precious metal has turned a corner.
But today, I ask that you forget all about gold’s recent price action. That’s a story for another day. . .
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Russia Buys 900,000 Ounces of Gold worth $1.17 Billion in April
(Read More)The Russian central bank has again increased its gold reserves by another 900,000 ounces worth $1.17 billion in April. . .
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Paulson Sticks With Gold Stake for 3rd Straight Quarter
(Read More)Billionaire hedge fund manager John Paulson stuck with his holding in the biggest exchange-traded product backed by gold as prices rebounded on the escalating tension between Ukraine and Russia. . .
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Silver Institute April 2014 Report
(Read More)Seventy-three percent of silver jewelry retailers reported increased sales last year, according to Silver Jewelry Buying Trends, a survey conducted by trade publication National Jeweler on behalf of the Silver Institute’s Silver Promotion Service (SPS). . .
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Italy May Have Over 1,000 Tonnes of Gold at The New York Fed
(Read More)Italy’s central bank, the Banca d’Italia, has recently published an important document detailing the storage locations and composition of the country’s gold reserves. . .
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China has more gold than official figures show
(Read More)China could be holding even more gold than previously realized, according to Alasdair Macleod, a researcher at online precious metals trader, GoldMoney. . .
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Renewed estimates of Chinese gold demand
(Read More)I have been revisiting estimates of the quantities of gold being absorbed by China, and yet again I have had to revise them upwards. . .
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Palladium Soars on Russian-Export Worries
(Read More)Palladium prices jumped to their highest level in 2½ years on fears that top exporter Russia would retaliate against U.S. sanctions by cutting exports of the precious metal. . .
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London Gold Fix days could be numbered?
(Read More)One suspects that the days of the London Gold Fixing in its current form may be numbered – but what mechanism can be implemented to replace it has to remain uncertain. . .