Thursday 17 April 2014
 
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bullion

Gold breaks below $1,300

Gold hit a six-week low on Thursday, breaking below $1,300 an ounce for the first time since mid-February, as speculation that US rates would rise sooner than expected and easing tensions over Ukraine pushed prices down. Selling a

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Gold rebounds from near 6-week low

Gold bounced on Wednesday from its weakest level since mid-February but signs of a recovery in the US economy and an absence of support from the physical sector could limit gains and keep prices in a tight range. In a sign of tepi

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Gold hits 5-week low on firmer dollar

Gold fell to its lowest in more than five weeks on Tuesday, as the dollar edged higher on after a top Federal Reserve official reinforced the likelihood of higher US interest rates in the first half of 2015. In an interview with C

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Gold off 1-month low; US rate hike fears cap gains

Gold rebounded on Tuesday from a one-month low hit in the prior session, helped by short covering and a rise in bullion-backed exchange traded fund holdings, but expectations of higher US interest rates and a lack of physical buying capped gains

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Singapore’s UOB Bullion and Futures joins DGCX

The Dubai Gold and Commodities Exchange (DGCX) has approved the UOB Bullion and Futures (UOBBF), a wholly-owned subsidiary of Singapore’s United Overseas Bank (UOB), as a clearing member of the exchange. UOBBF is a fully-lic

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Gold rallies to 2-month high

Gold firmed after rallying to its highest in two months on Monday as equities fell on worries that capital outflows from emerging economies would continue, boosting bullion's safe-haven appeal.   Asian shares dived as eme

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Gold set for biggest yearly loss since 1981

Gold fell on Monday, on course for its largest annual loss in 32 years, as thin pre-holiday trade and signs of an improving US economy growth kept investors fretting over the impact of the Federal Reserve's stimulus tapering.

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Gold heading for best quarter in a year

Gold was firm on Monday with a possible US government shutdown proving supportive, leaving the market to head for its best quarterly performance in a year, but the overall outlook was weak due to inevitable tapering of US monetary stimulus.

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Gold holds above $1,400, weak US data helps

Gold held above $1,400 an ounce on Tuesday, hovering near its highest in 11 weeks, supported by weak US data that traders hoped could stymie the US Federal Reserve's plan to taper its stimulus measures this year.     

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Gold steadies near 2-month highs

Gold steadied around two-month highs on Monday on uncertainty about a possible reduction in US monetary stimulus, and supported by the first net weekly flow into the top exchange-traded gold fund in months. Spot gold was down slig

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