In PM London bullion, the benchmark gold price was fixed earlier in the North American day to $1237.50 an ounce, advancing $15.00 from Tuesday. Silver rose $1.17 to $19.590 an ounce. Platinum settled at $1703.00 an ounce, … Whether the folks who ignored gold until now manage to prevail over the masses that have held gold all along (and are finding it an appealing sell at this juncture — as scrap flows reveal) is the question to which to try to find an answer. …
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Tullett Prebon was in demand despite a sell off in the wider market that saw the blue-chip index decline by almost 1pc.
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JOHANNESBURG, May 11 (Reuters) - South African stocks and the rand dipped on Tuesday amid continuing jitters about the euro zone debt crisis but gold mining stocks were boosted by higher gold prices. The blue-chip Top-40 index fell 0.63 percent to 24,523.20, while the All-Share index was down 0.53 percent to 27,513.98. “Gold stocks are doing very well and the rest of the market is pulling back …
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Gold prices soared within sight of a new record high on Tuesday as investors sought a safe-haven investment amid deepening concerns about the eurozone debt crisis, analysts said.
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