Finance

The Emirates Palace Hotel has received some criticism for it’s extremely ostentatious Christmas tree. The tree has received world-wide media attention due to it’s net worth of over 11 million dollars. This makes for a very valuable tree. The reason this tree is worth so much is because of the jewelry that adorns it....
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The gold price is above $1,385 per ounce today. As of 1:07 pm the gold price was $1,387.40 per ounce. That is up $25 for the day. Market participants are flocking to gold during the last trading day of the month of November. The dollar looks stronger, but that is a false impression. The...
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The price for gold was $1,375.09 per ounce at 10:17 am this morning. With $22.79 it’s up sharply from the opening. The reason for this seems to be that North Korea needs attention and is bombing South Korea. Gold loves conflicts. Whenever there is an uncertainty or a conflict, the gold price immediately starts...
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The gold price on at 3:23 pm on November 22, 2010, was $1,364.12. That is up $11.82 from the opening price. The World Gold Council released it’s third quarter outlook a few days ago and reports, that in 2010 more gold will be used, compared to 2009. India and China are the two main...
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Gold was trading higher today. The price at 7:30pm was $1,360.02. That is an increase of 1.74% or $23.22 for the day. Now, that the most ridiculous IPO has been gobbled up by market, business can continue as usual. Dumb money has been milked to the tune of $20 billion and paid the tab...
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During the early morning hours the price for gold showed continued weakness. As of 10:15 am, the price for gold was $1,351.34 per ounce. That means gold has lost about $17 today. Gold is currently trading about $58 below it’s most recent highest ever of $1,409.80 on November 8, 2010. While the gold price...
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The price for gold was rather weak on Monday morning. During the day the yellow metal turned out to be even softer with prices as low as $1,365 per ounce. Kitco.com reports that the weaker price for gold was not only due to the stronger dollar, but there was also some predominant selling visible....
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The gold price saw some major correction today. As of 2:20 pm the price for one ounce of gold was $1,365.11. That is down $37.99 for the day. The steep losses came overnight. Now gold is trading well below the $1,400 mark. It looks like many investors had implemented stop losses for their overnight...
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The gold price slowly, but steadily advanced during the trading day. At 4:18 pm the gold price was $1408.66. That was up $9.56 from the opening price. The volatility of gold and many other precious metals has increased during the last couple of weeks. Investors are still mulling over the impact of the Fed’s...
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Gold was trading around $1,400 on Wednesday. At the time of writing this post the price for gold was $1,400.00. First the price went down to $1,385 and then it went up, crossing the $1,400 per ounce line, with a high just short of $1,410 per ounce. Kitco reports: “Comex gold futures prices have...
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