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Gold News: New ETF Promises Conversion
On Wednesday, some interesting gold news came in the form of a new gold ETF on the NYSE. The Perth Mint Physical Gold ETF, symbol AAAU, opens trading during a time when investors are
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Gold News: Turkey Goes Long on Gold
Today in gold news, we’re looking at Turkey’s latest dabbling with precious metals. Turkish gold trading doubled during their ongoing currency crisis. During Turkey’s recent crisis with the lira, Turkish President Recep Tayyip Erdogan
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Gold News: Billionaires Keeping The Golden Faith
Today in gold news, quarterly holding reports for some big funds are out, and they’re interesting, to say the least. Ray Dalio apparently still has faith in gold. At least, he did back on
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Gold Demand: Here’s Why India’s is Surging
Preliminary data shows Indian gold demand surged in July, according to metals consultancy GFMS. There is a good side and a bad side to this story. The good side is the 44% year-on-year increase
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Gold Prices: Another Support Level Breached
Gold prices broke below the 1200 level in early New York trading today for the first time since May 2017. Here’s the chart of the morning action up to 8:30. (credit Kitco.com)Many gold pundits
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Silver Prices: Can They Reach $50?
Here at The Gold Enthusiast we stay pretty much focused on gold. That leads to a certain amount of emails asking why I don’t cover silver prices, too. Well, if we did that we’d
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Gold News: Iran Hording Ahead of US Sanctions
While most eyes are focused on Donald Trump’s trade war with China, there is another big set of sanctions about to hit. The US is set to impose extremely tight sanctions against Iran at
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Gold News: Does China Pull the Strings?
We’ve talked before about how the gold market might be manipulated. And if you search the Internet you’ll find just about every theory imaginable – sane, crazy, or kooky. The question everyone wants to
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Gold News: Iran Hording Ahead of US Sanctions
While most eyes are focused on Donald Trump’s trade war with China, there is another big set of sanctions about to hit. The US is set to impose extremely tight sanctions against Iran at
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Gold Prices: ICBC’s New Prediction
Amid all the negativity, some are now calling the bottom in gold. The latest is Marcus Garvey of ICBC Standard Bank Plc, who sees gold prices rising back up to 1300 over the next
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