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Adam Sarhan Reuters Quote: Gold lower but recovers some ground; trade eyes $1,525/oz
By Josephine Mason NEW YORK | Wed May 23, 2012 5:02pm EDT (Reuters) – Gold managed to recover most of the ground it lost in a brutal sell-off earlier on Wednesday even as sentiment and the euro remained fragile as European leaders met to discuss the deepening euro-zone debt crisis. Gold tested key support levels for a…
Adam Sarhan Reuters Quote: Paulson holds onto bullish bets in gold ETF in Q3, others cut
Thu, Nov 14 2013 By Frank Tang NEW YORK (Reuters) – Hedge fund Paulson & Co maintained its stake in SPDR Gold Trust, the world’s biggest gold-backed exchange-traded fund, in the third quarter after slashing its stake by more than half in the second quarter when bullion prices plummeted. However, some notable money managers and pension…
Adam Sarhan Reuters Quote: US STOCKS-Wall St hits records in broad, thinly traded rally
* Markets on track for positive week * Trading volume likely to be light after holiday * Biotech stocks rise, but still lower on week * Indexes up: Dow 0.3 pct, S&P 0.4 pct, Nasdaq 0.6 pct (Updates to morning trading) By Ryan Vlastelica NEW YORK, Dec 26 (Reuters) – U.S. stocks rose on Friday,…
Adam Sarhan Reuters Quote: COMMODITIES-Broad gains for August; oil up nearly 10 pct on month
Fri Aug 31, 2012 3:42pm EDT * Commodities bellwether CRB rises 3 pct in Aug; up 3rd month in row * US crude leads gains, rising nearly 10 pct for month * Soybeans up 7 pct for Aug, cocoa 9 pct By Barani Krishnan NEW YORK, Aug 31 (Reuters) – Commodities rose broadly on…
Reuters: Gold flat as safe haven fades on Wall St Rally
By Frank Tang NEW YORK | Mon Aug 2, 2010 4:01pm EDT NEW YORK (Reuters) – Gold was largely flat on Monday after an initial rally fizzled, as solid gains in equity markets driven by strong economic sentiment took a toll on the metal’s safe-haven appeal. Silver and platinum group metals rose sharply on better…
CNBC Quote: S&P Erases Gains For Year As Stocks Plunge 2% on Fed, Growth Concerns
U.S. stocks closed near session lows on Thursday, off more than 2 percent, as investors weighed continued uncertainty about the timing of a rate hike and concerns about global growth headed by slowing in China. The S&P 500 and Dow Jones industrial average both had their worst day since Feb. 3, 2014. “I think the…
