By James O'Dell February 6, 2012, Los Angeles – The price of Gold eased 1.82
percent or $32.00, to close at $1,726.00 an ounce on Friday, after better than
expected payrolls data put investors
hopes for more stimulus from the Fed on hold for the moment. The Silver price
slid 1.92 percent or $0.66 to close at $33.63 an ounce while the Gold/Silver
ratio, the...
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By James O'Dell Los Angeles, CA. – Morgan Gold - Gold and Silver bullion
prices dipped Friday morning on a rash of positive economic reports including a
better than expected jobs report. Gold is currently trading at $1,738.40 an
ounce with Silver trading at $33.72 an ounce as investors take profits heading
into the weekend after nearly 5 weeks of steady gains. “Even...
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By James O'Dell February 3, 2012, Los Angeles – The Gold price rose 0.87
percent or $15.20, to close at $1,758.00 an ounce on Thursday, after hitting a
two month high, earlier in the session, and remaining on pace for a fifth
consecutive week of gains. The price of Silver rallied 1.87 percent or $0.63 to
close at $34.29 an ounce while the Gold/Silver...
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By James O'Dell Los Angeles, CA. – Morgan Gold - Gold extended gains on
Thursday and is currently trading at $1,756.30 an ounce as an uptick in
physical buying trumped a stronger U.S. dollar, while Silver rallied higher and
is trading at $34.24 an ounce. Gold prices remain in a range as investors wait
for a deal to be completed between Greece and its...
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By James O'Dell February 2, 2012, Los Angeles – The price of Gold rose 0.36
percent or $6.20, to close at $1,742.80 an ounce on Wednesday, as the euro
climbed against the dollar on positive global manufacturing PMI data from
China, Europe and the U.S., easing concerns of a slowdown in macro-economic
activity. Silver advanced 1.63 percent or $0.54 to close at $33.66 an...
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By James O'Dell Los Angeles, CA. – Morgan Gold - Gold and Silver bullion
prices rose on Wednesday morning with Gold currently trading at $1,746.90 an
ounce, while Silver is trading at $33.77 an ounce as the euro gained ground
against the dollar on further assurances that a Greek private-sector
involvement (PSI) accord is close at hand.
The latest twist in the debt-swap negotiations going...
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By James O'Dell February 1, 2012, Los Angeles – Gold bullion prices
rebounded 0.39 percent or $6.70 to close at $1,736.60 an ounce on Tuesday, as
investors sought Gold’s safe-haven on reports that consumer confidence plunged
in January, driven lower by a weak job market, while U.S. home prices fell for
a third straight month in most cities, highlighting the two major factors in
the...
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By James O'Dell Los Angeles, CA. – Morgan Gold - The Gold price rose on
Tuesday and is currently trading up over 10 percent higher on the month at
$1,733.50 an ounce, while Silver is trading off slightly at $33.18 an ounce as
investors take profits following the sharp run-up in the price of Silver last
week. The euro is stronger and pressuring the...
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