States Push 'Gold Standard' as Confidence in Fed Wanes
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Weak Jobs Report Saves Gold Bulls' Hides
April 5, 2013 3:37 PM EDTAfter facing pressure for most of week, gold rallied on Friday after a government jobs report showed weaker-than-expected gains. In March the U.S. added only 88,000 jobs compared to the consensus of 190,000.
From the perspective of gold traders, the news is bullish given the Fed's reliance on... More
Paulson Advantage Funds Perform Well Through Q113; Gold, Not So Much
April 4, 2013 3:36 PM EDTAmid a tepid 2012, funds run by John Paulson had a good first quarter for 2013.
According to WSJ-compiled data from an annual letter, Paulson's Advantage fund is up 2.9 percent through March, bolstered by a 5.6 percent pop last month. Paulson's Advantage Plus fund rose 7.6 percent in March for a 3.6... More
Gold Closes at Nine-Month Low; Shorter QE Might Be in Play (GLD) (GDX)
April 3, 2013 3:54 PM EDTSPDR Gold Shares (NYSE: GLD) and Market Vectors Gold Miners ETF (NYSE: GDX) are seeing red on the session as gold is hitting near-annual lows.
Gold for June delivery slipped 1.4 percent to settle at $1,553.50 per... More
