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| | | The stars appear to be aligning for those calling on the Reserve Bank of Australia (RBA) to give official interest rates another chop when they meet to deliberate on monetary policy next week. Let's start with the minutes of the 4 September meeting. ... |
| | | | ... cent lower at 15,867 points. In foreign exchange trade, the euro eased to $US1.2910 from $1.2985 in New York late on Friday. Gold prices fell to $US1,761.60 an ounce on the London Bullion Market, down from $US1,784.50. HONG KONG - Asian markets mostly ... |
| | | | ... ASX 24, the December share price index futures contract was 11 points lower at 4,399 points, with 6,838 contracts traded. Gold was the worst-performing sector at the open, having fallen 1.41 per cent, according to IRESS data. Metals and minerals companies ... |
| | | | ... but there is no shortage of blue-chips offering reliably high and growing dividing streams." Fourthly, Stevenson said that gold should be used as an insurance policy against dollar debasement and inflation. Finally, inflation should be hedged against ... |
| | | | Goldman Sachs Group chief financial officer David Viniar will retire at the end of January 2013 and join the board as a non-independent director. He will be replaced by Goldman Sachs global co-head of securities Harvey Schwartz, who will also serve ... |
| | | | ... sector down 0.4 per cent, according to IRESS data, while finance companies were 0.11 per cent weaker. On a positive note, gold stocks were up 0.94 per cent, and the healthcare sector had risen 0.51 per cent. Fortescue Metals was up 12 cents, or 3.43 ... |
| | | | ... risen 75 cents, or 2.25 per cent, to $34.06, while Rio Tinto was up 94 cents, or 1.66 per cent, to $57.52. Moreover, the gold sector had risen 0.75 per cent. However, healthcare was the worst-performing sector on the market, having fallen 1.64 per cent. ... |
| | | | ... QE money will again find their way into risk assets and assets that are considered inflation hedges like precious metals - gold and silver - and out of bonds and money market instruments QE1 worked. The S&P 500 index gained nearly 40% between its announcement ... |
| | | | ... points, or 1.55 per cent, higher at 13,539.86. Locally, Newcrest Mining opened $1.38, or 5.22 per cent, higher at $27.81 after gold prices rose to six-month highs on the Fed's announcement. The spot price of gold in Sydney opened at $US1,769.65 per fine ... |
| | | | ... and boost employment figures. "Obviously markets have reacted. All the so called risk-on assets have responded, but so has gold which has been sleeping for six weeks. "When it barks, it does not bark at anything," power said. Power questioned the decision ... |
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