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Gold and silver prices rallied from a fresh plunge in early London dealing on Monday, rising to stand unchanged and 2.3% lower respectively from the end of last week's trade.

Asian stock markets rose sharply, even as the Japanese Yen reversed Friday's drop to new 4-year lows against the US Dollar.

Commodities ticked lower as did major government bonds. Silver prices today touched the lowest level in 44 months,

Silver Surges 6.8% From Lows After Slammed 10% Lower In 4 Minutes

Published in Market Update  Precious Metals  on 20 May 2013

By Mark O’Byrne

GOLD PRICES failed to hold a rally above $1380 per ounce in London on Friday morning, trading 5% down for the week as world stock markets held steady.

Both the Euro and British Pound also cut their mid-week rallies against the Dollar, holding gold prices at €1070 and £904 per ounce respectively.

New data overnight showed Japanese machine orders leaping 14% in March from February, while China's

Gold Wars: U.S. Undermining Iranian Currency By Blocking Gold Imports

Published in Market Update  Precious Metals  on 17 May 2013

By Mark O’Byrne

A SHARP DROP in global prices left gold bars traded in East Asia at record-high premiums Thursday morning, as local demand held strong in the face of fresh selling by Western money managers.

"[Western] investors appear to be tired of gold as a safe haven," says Mitsubishi analyst Jonathan Butler, quoted by Reuters, because "they anticipate the end of loose monetary policies, possibly by the end of this year

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