Posts Tagged ‘london’
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Filed under Gold Market, Gold Prices
Lonmin to Boost Platinum Output 20%
By 2013 to take advantage of climbing prices LONDON (Reuters) - Lonmin Plc, the world's third biggest platinum producer, swung to an annual loss on weak prices and lower output, but said it planned to boost output by a fifth by 2013 as prices climb on shortages. (more...)
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Filed under Non-Gold Metals
Beijing Insider: China “Can’t Buy Enough Gold”
Gold "Targets $1100" as Beijing Insider Says China "Can't Buy Enough Gold" London Gold Market Report The price of gold in wholesale 400-ounce form held steady Thursday morning in London as world stock markets slipped. Trading near $1090 and €735 an ounce for US and Eurozone investors, gold was up 4.3% and 3.5% respectively for the week so far. Crude oil crept back above $80 per barrel. The US Dollar slipped on the forex market as the European Central Bank and Bank of England kept their key interest rate on hold at record lows. (more...)
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Filed under Gold Market, Gold Prices
