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Posts tagged 'buy gold'

Once Again, We Have to Endure Short-Term Pain for Long-Term Gain - David Brady (28/02/2020)

By David Brady, CFA 6 months ago 7345 Views No comments

People have been losing their minds recently over the “forecasted” pullbacks in metals and miners.

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PRECIOUS-Gold jumps over 2% as virus spread spurs safe-haven demand

By Thomson Reuters 6 months ago 630 Views No comments


* Gold hits highest in more than seven years

* Global equities extend losses, dollar gains

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Gold Hits Seven Year High Due to Global Fears: Is a New Bull Market Upon Us? - Nathan McDonald (21/02/2020)

By Nathan McDonald 6 months ago 8998 Views No comments

With the continued spread of the coronavirus, safe haven assets such as gold and silver bullion continue to move higher, with the king of metals reaching a seven-year high throughout Thursday’s trading session.

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PRECIOUS-Gold climbs to 7-yr high as virus woes boost safety demand

By Thomson Reuters 6 months ago 506 Views No comments

(Recasts, updates prices)

* Coronavirus fears grip South Korea, China reports drop

* Palladium eases from record high


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Wall Street is Foolishly Discounting the Economic Impact of the Coronavirus. Gold Isn't - Nathan McDonald (14/02/2020)

By Nathan McDonald 6 months ago 5707 Views No comments

At the end of the trading session on Wednesday, February 13th, the markets were jumping with joy, celebrating the fact that for the first time since the coronavirus crisis began, things were beginning to turn around, with new infection cases dropping off in a significant way.

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PRECIOUS-Gold gains as stocks lose steam on surge in virus cases

By Thomson Reuters 6 months ago 964 Views No comments

(Updates prices)

* Asian stocks wobble, yen rises from a three-week low

* China reports 242 new deaths, 14,840 new cases

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PRECIOUS-Gold gains on rise in Chinese coronavirus cases

By Thomson Reuters 6 months ago 3120 Views No comments

(Updates prices)

* Dollar eases from four-month high, stocks falter

* Coronavirus death toll surges to daily record 242 in Hubei

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PRECIOUS-Gold near one-week low as coronavirus fears ease

By Thomson Reuters 6 months ago 616 Views No comments

(Updates prices)

* SPDR Gold holdings jump to over three-month high

* Dollar holds near four-month high

By Sumita Layek<

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METALS-Base metal prices bounce, but China demand doubts dominate

By Thomson Reuters 6 months ago 787 Views No comments

* Premium for cash over 3-month zinc turns into discount

* Zinc stocks in LME registered warehouses climb (Adds official prices)


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GLOBAL MARKETS-Asian markets stem losses as China returns to work but sentiment jittery

By Thomson Reuters 6 months ago 965 Views No comments

* Asian stock markets : https://tmsnrt.rs/2zpUAr4

* Asian shares fall after Friday's losses on Wall Street

* Chinese authorities make plans

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PRECIOUS-Gold prices tick up as virus fears stoke safe-haven demand

By Thomson Reuters 6 months ago 751 Views No comments

Feb 10 (Reuters) - Gold prices edged up on Monday as rising concerns over the new coronavirus and its impact on global growth outweighed encouraging U.S. economic data and drove purch

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Decision Time for Metals and Miners Approaches – Key Levels I’m Watching - David Brady (02/07/2020)

By David Brady, CFA 6 months ago 9262 Views No comments

It’s been over five months now since the spectacular yearlong rallies in Gold, Silver, and the miners ended. Gold is the only one to have set a higher high since then.

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A Week of “Tough, Tough News” for Gold and Silver Investors - Weekly Wrap-Up (February 07, 2020)

By Niharika Rai 6 months ago 56725 Views 5 comments

Eric Sprott discusses the impact that the spreading coronavirus will have on the global economy and, by extension, the precious metals and the mining shares.

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Reduced Tariffs, Direct Intervention, and Acquittal of President Trump Cause Markets to Shrug Off Coronavirus Threat - Nathan McDonald (07/02/2020)

By Nathan McDonald 6 months ago 1923 Views No comments

Stocks, gold, oil, and just about everything else are trending higher, despite the ongoing concerns about the coronavirus, which continues to spread across the globe despite many countries' best efforts to contain it.

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PRECIOUS-Concern over coronavirus drives gold higher

By Thomson Reuters 6 months ago 473 Views No comments

(Updates prices, adds details)

* China to halve some U.S. tariffs from Feb. 14

* Spot gold could rise into $1,564-$1,570 range -technicals

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