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Archive: June 2017

Mali exports over 16 T of artisanal gold from Jan to April -minister

BAMAKO, June 29 (Reuters) – Mali exported more than 16 tonnes of artisanally mined gold in the first four months of this year, the mines minister said on Thursday citing …

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PRECIOUS-Gold falls as central banker comments lift yields

* Central bankers signal end to ultra-loose policy * Bond yields climb, dollar slips to 14-month lows vs euro * GRAPHIC-2017 asset returns: (Updates prices; adds comment, second byline, NEW …

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Goldman Sees ‘Balanced’ Gold Market At $1,250 In Six, 12 Months

(Kitco News) – Goldman Sachs has a “balanced” outlook on gold, looking for the metal to be around $1,250 an ounce six months and a year from now. The investment …

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Push On With The ‘Great Unwinding’, BIS Tells Central Banks

By Marc Jones | LONDON Major central banks should press ahead with interest rate increases, the Bank for International Settlements said on Sunday, while recognizing that some turbulence in financial …

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Gold Investors, Keep An Eye Out on These Two Markets Next Week

(Kitco News) – A relatively light week for economic data could leave gold in no man’s land and vulnerable to outside markets, particularly oil and the U.S. dollar, according to …

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Italy Winds Up Veneto Banks, Deal Could Cost Up To 17 Billion Euros

Kitco News By Silvia Aloisi and Steve Scherer | MILAN/ROME Italy began winding up two stricken Veneto-based banks on Sunday in a deal that will see their good assets transferred …

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The Rounded Bottom Of A Tower Pattern

Gold futures have settled with moderate gains on the day. The most active August contract closed at $1250.90, up approximately $5.10. This gain occurs immediately following two trading days in …

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Interviews $1,300 Gold Not Happening; But Could It End The Year Below $1,200? – Analyst

As gold continues to be supported by geopolitical tensions, more hawkish central banks around the world are putting new pressures on the yellow metal, enough to potentially have it end …

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Gold Down Amid Bearish “Outside Market” Forces

(Kitco News) – Gold prices ended the day with modest losses and hit another four-week low Tuesday. Some mild short-covering in the futures market and bargain hunting in the cash …

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Gold Closes Lower But Remains Above Its 200-Day Moving Average

Now in its third consecutive week of lower pricing, gold prices drifted lower again today. The most active futures contract (August 2017) settled $2.40 lower today to close at $1244.30. …

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