Archive for April 9th, 2008

Apr 09 2008

Why IMF gold sales won’t affect the gold price

Published by Mark O'Byrne under Commentary

Excuse our cynicism, but shouldn’t this story be dead already?
The IMF, which has the worlds third largest holdings of gold bullion, has announced yet again plans to sell some of their gold holdings. As we reported before, in our Feb 29th Gold Market Update:
Our belief that the latest International Monetary gold proposal story was more […]

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Apr 09 2008

Gold Investments Market Update

Published by Mark O'Byrne under Market Updates

Gold
Gold is down some 1% in early trading in London this morning. Gold was down $11.10 to $914.00 per ounce in trading in New York yesterday and silver was down 41 cents to $17.68 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $906.75, £460.40 and €576.56 (from $921.00, £465.95, […]

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