Tag Archives: Shanghai Gold Exchange

Capital Gold Group Report: ANZ Bank Approved for Membership in Shanghai Gold Exchange

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Shanghai Gold Exchange Approves Membership of ANZ Bank By Ginger Ding 26 Jun 2008 at 08:42 AM GMT-04:00 SHANGHAI (Interfax-China) — ANZ Bank is to become one of only four foreign banks permitted to trade gold on the Shanghai Gold … Continue reading

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CAPITAL GOLD GROUP REPORT: GOLD ADDS TO RECENT RALLY

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Friday, February 08, 2008 2:46:40 PM – Gold closed higher on Friday in U.S. trading, adding to the gains from the two previous sessions. April gold finished at $922.30 an ounce, up $12.30 on the day. The precious metal reached … Continue reading

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CAPITAL GOLD GROUP REPORT: ” THE DOLLAR AIN’T WHAT IT USED TO BE “… EUROPEANS ALSO BUYING RECORD AMOUNTS OF GOLD WITH THEIR EUROS

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NEW YORK (Reuters) – In the latest example that the U.S. dollar just ain’t what it used to be, some shops in New York City have begun accepting euros and other foreign currency as payment for merchandise. “We had decided … Continue reading

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CAPITAL GOLD GROUP REPORT: THE COMING GOLD SURGE

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Commentary: There are plenty of factors aligned to drive prices up By Sean Brodrick, Money and Markets Last update: 12:01 a.m. EST Feb. 4, 2008 There have been enough dips and outright plunges to make gold traders feel like they’re … Continue reading

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CAPITAL GOLD GROUP REPORT: CITI UPS GOLD FORECAST TO TEST $1,000/oz IN ’08

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NEW YORK, Feb 5 (Reuters) – The price of gold will average $900 an ounce with a test of the historic $1,000 level possible this year based on strong investment buying amid a weak dollar, inflation concerns and safe-haven demand, … Continue reading

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CAPITAL GOLD GROUP REPORT: A NEW RECORD HIGH FOR GOLD ON RECESSION WORRIES, WEAK DOLLAR & S. AFRICA POWER SHORTAGES

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  Saturday February 2, 12:12 AM LONDON (AFP) – Gold prices hit a historic 936.92 dollars per ounce on Friday as the yellow metal was boosted by strains in the US economy and weakness of the dollar, analysts said.The record-breaking … Continue reading

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CAPITAL GOLD GROUP REPORT: SOUTH AFRICA OUTAGES, ECONOMY PUSH UP GOLD

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By John Jameson on January 29, 2008 9:14 AM | Permalink Jan. 29, 2008 (Investor’s Business Daily delivered by Newstex) – Maybe it’s an anxiety shelter, but gold has investors luminous these days. The yellow metal hit an all-time high … Continue reading

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CAPITAL GOLD GROUP REPORT: GOLD HITS A NEW HISTORIC HIGH ON WEAK DOLLAR

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By John Jameson on January 28, 2008 9:41 AM | Permalink Mon Jan 28, 2008 5:12 PM GMT By Atul Prakash and Veronica Brown LONDON, Jan 28 (Reuters) – Gold and platinum sailed to record highs on Monday, boosted by … Continue reading

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CAPITAL GOLD GROUP REPORT: A GRAND FOR GOLD

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Gold prices surge after South Africa closes its mines. by Megan Barnett, Jan 25 2008 Forget about $100 oil. Try $1,000 gold. A national emergency in South Africa has driven the price of an ounce of gold to another new … Continue reading

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CAPITAL GOLD GROUP REPORT: GOLD TOPS $900 AS DOLLAR DROPS

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By Pham-Duy Nguyen Jan. 24 (Bloomberg) — Gold topped $900 an ounce in New York for the first time in a week after the dollar dropped against the euro, boosting the appeal of the precious metal as an alternative investment. … Continue reading

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