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Mine to close; 35 jobs lost

Depressed gold prices and the high dollar have been blamed for the closure of the privately owned Earnscleugh alluvial gold mine near Alexandra – stripping 35 jobs and millions of dollars from the local economy. read more

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Changes in gold prices causing a split in survey participants – Stocks.org

Stocks.orgChanges in gold prices causing a split in survey participantsStocks.orgThe split in the thought process of all the parties in the Kitco News Gold Survey shows participants are both bearish and bullish. This dilemma has got the market talking …

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Gold edges lower on strong shares, rebounding dollar

Gold fell on Monday as European and U.S. shares rebounded on an easing of tensions in Ukraine, while a steadier dollar and U.S. Treasury yields pushed prices below $1,300 an ounce. Russia’s foreign ministry said “certain progress” had been achieved during talks between Russia, Germany, France and Ukraine in Berlin on Sunday about ways to end the military conflict in eastern Ukraine. “There is …

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Gold Pressured By Uptick In Investor Risk Appetite And Firmer U.S. Dollar

(Kitco News) - Gold prices are moderately lower Monday morning, under pressure from an improved risk appetite in the market place and by the recently stronger U.S. dollar. However, the downside in gold is being limited by geopolitical events that are still a bit unsettling to traders and investors. December Comex gold was last down $5.20 at $1,300.80 an ounce. Spot gold was last quoted down $5 …

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Gold Prices Lower on “Uneventful Monday,” Support from Hedge-fund Managers – BullionVault

Gold Prices Lower on “Uneventful Monday,” Support from Hedge-fund Managers
BullionVault
GOLD PRICES have dipped below $1,300 this Monday afternoon. European stock markets rose following Asian gains. Analysts have referred to today as an “uneventful Monday”. The single European currency trades Monday morning slightly lower, remaining …

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Gold & Silver Market Morning

Gold Today – The gold price closed at $1,304.10 down $8.90 on Friday in New York. In Asia, gold prices pulled back to $1,300 ahead of the opening in London.

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Metals Stocks: Gold back below $1,300 as Yellen looms

Gold took a hit as investors kept one eye on what’s going on overseas and the other looking ahead to what Fed Chair Janet Yellen might say at the end of the week in Jackson Hole.

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Gold prices fall by Rs 100 on weak global cues, sluggish demand – India.com

India.comGold prices fall by Rs 100 on weak global cues, sluggish demandIndia.comNew Delhi, Aug 18: Gold prices fell by Rs 100 to Rs 28,600 per 10 grams in the national capital today after it declined in global markets on easing tensions over Ukraine a…

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Gold cuts losses on Ukraine tensions; holds near $1,300

By A. Ananthalakshmi SINGAPORE (Reuters) – Gold recovered modestly on Monday to trade just above $1,300 an ounce as escalating tensions in Ukraine sapped risk appetite, hurting stocks and bidding up safe-haven assets. Spot gold fell as much as 0.6 perc…

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Gold futures decline to Rs 28,420 per 10 gm; silver down at Rs 42,621 per kg

Gold prices fell 0.82 per cent to Rs 28,420 per 10 grams at the futures trade today amid a weak trend overseas and profit-booking by speculators.
On the Multi Commodity Exchange, gold for…

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