Latest Gold News from Morgan Gold
Confidence Building In Gold As IMF Warns Of Possible Downward Spiral In Europe
January 17, 2012
By James O'Dell Los Angeles, CA. – Morgan Gold - The price of Gold is higher
on Tuesday, and currently trading at $1,654.60 an ounce, its loftiest level in
over a month, while Silver pushed above the $30 level and is now trading at
$30.11 an ounce, as investors see China's slowing growth as a possible signal of
monetary policy easing later in the...
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The Latest European Central Bank Sleight Of Hand
January 17, 2012
By James O'Dell January 17, 2012, Los Angeles – Gold bullion prices rose
0.26 percent or $4.20 to close at $1,643.00 an ounce on Monday, after Standard
& Poor's ratings agency cut its credit rating of the eurozone's rescue
fund, the European Financial Stability Facility (EFSF), by one notch, from AAA
to AA+, greatly limiting its ability to raise enough bailout money to be
effective...
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Greece Remains Deadlocked On Swaps While Gold Regains Its Luster
January 16, 2012
By James O'Dell Los Angeles, CA. – Morgan Gold - Gold and Silver bullion
prices rose on Monday morning with Gold trading at $1,643.50 an ounce and
Silver trading just below the $30 level at $29.97 an ounce as volumes remain
thin with U.S. markets closed for Martin Luther King Day. The euro recovered
from earlier near 17-month lows against the dollar, relieving pressure...
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Greece And Creditors Halt Talks As Default Looms
January 16, 2012
By James O'Dell January 16, 2012, Los Angeles – The price of Gold eased 0.58
percent or $9.50 to close at $1,638.80 an ounce on Friday, after the euro
slipped to a 16-month low against a surging dollar when Standard & Poor's
ratings agency announced the proposed downgrade of nine eurozone countries, and
due to the upcoming long holiday weekend, some investors were prompted...
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Standard & Poor’s Wreaks Havoc In The Eurozone
January 13, 2012
By James O'Dell Los Angeles, CA. – Morgan Gold - Gold and Silver bullion
prices have eased on Friday with Gold trading at $1,631.70 an ounce and Silver
trading at $29.60 an ounce, after the Dow plunged triple digits and global
equity markets are being hard hit on reports that Standard & Poor's ratings
agency will downgrade several eurozone countries simultaneously. The euro hit...
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