April 30th, 2012 03:03:38 GMT

Around the markets: Stocks higher, Gold steady


Japan, Vietnam and mainland China are closed today but shares in other centres are enjoying solid gains with HK +1% and both Australia and Korea +0.4%. Gold is steady at $1665/oz and WTI Oil is trading at $104.75/bbl.

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April 26th, 2012 12:42:04 GMT

Gold bugs want their QE


Gold touches $1655, the highest in more than a week after the claims report. Expect resistance up to $1657 but a break higher could spark a rally to $1680. Many people thought the Easter holiday had skewed claims but that’s … Continue reading


April 23rd, 2012 13:20:56 GMT

Beware of fresh lows in gold


Political uncertainty tends to benefit gold but the French election and Dutch upheaval are giving a lift to the dollar with gold caught in the downdraft. Worries about liquidity at European banks may be prompting sellers. Gold has traded lower … Continue reading


April 19th, 2012 13:19:43 GMT

QE3 talk helping gold


The rally stalled out at resistance at $1650/54. I have a hard time seeing it get above those levels today unless the Philly Fed is terrible.

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