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Tag: gold
2008-11-21 00:44:19| GoldSeek.com News
Gold climbed nearly 2% in London to almost $750 by about 8:15AM EST before it erased all of its gains in midmorning New York trade and saw a 60 cent loss at $735.70 at about 10:15AM, but it then rallied back higher into the close and ended near its new session high of $752.80 with a gain of 1.66%. Silver rose 12 cents to $9.45 by a little before 8AM EST before it dropped all the way to see a 5.57% loss at $8.81 at about 10AM, but it then rallied back higher in the last three and a half hours of trade and ended with a loss of just 2.25%.
2008-11-19 22:45:31| GoldSeek.com News
Gold and silver traded mostly slightly higher in Asia and London before they soared upward in early New York trade to as high as $758.70 and $9.84 by about 10AM EST to see gains of 2.69% and 3.04%, but they then fell back off for most of the rest of trade and ended near their new session lows of $731.45 and $9.235 with a gain of 0.37% and a loss of 2.3%.
2008-11-19 22:43:12| The Economic Times
Gold prices continued to rule firm for the fifth trading session in the domestic market on Wednesday on sustained safe-haven buying due to fall in equity prices.
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2008-11-19 22:35:02| Safehaven
Of late, I have read a number of analysts, Jim Rogers even, who have expressed the view that gold could dip to the mid- to low $600 level. Could happen, but I think not. Already, buyers of physical gold are finding anything near $700 to be cheap ...
2008-11-19 20:30:24| GoldSeek.com News
Amazingly, while gold and other commodity related stocks continued to be sold off to levels that are at deep discounts to their intrinsic value in October, gold continued to break to new all time highs in most major currencies. On October 9th and 10th gold recorded new all time highs in many currencies including the Euro, the Australian Dollar, British Sterling, the Indian Rupee, the Russian Ruble, the South African Rand and many others.