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Canada Goose Outlet LONDON, Sept 26 (Reuters) Gold fell on Monday, buckling under the weight of the https://www.thebeatlestimeline.com strength of the dollar as investors scrambled for cash in the face of mounting fear over cheap canada goose uk the impact of a potential Greek debt default on the euro zone economy. Canada Goose Outlet
canada goose clearance Euro zone officials played canadian goose jacket down reports on Monday of emerging plans to halve Greece debts and recapitalise European banks to cope with the fallout, stressing that no such scheme is yet on the table. canada goose clearance
European equities rose on the back of hopes of a buy canada goose jacket cheap prompt solution to the debt crisis, while industrial commodities such as silver and Canada Goose Parka base metals bore the brunt of investor desire for liquidity in the face of mounting uncertainty and a stronger dollar.
canada goose store In the last three days alone, gold canada goose clearance sale has fallen by over 10 percent in its largest three day slide in 28 1/2 years, having lost more Canada Goose Coats On Sale than 20 percent since hitting record highs just shy of $2,000 an ounce earlier this month. canada goose store
canadian goose jacket Spot gold was last down 4.0 percent on the day at $1,589.84 an ounce by 1415 GMT, having fallen earlier by as much as 7.4 percent, putting the difference between the intraday high and low at $128.40, the largest daily price canada goose store swing on record. canadian goose jacket
canada goose coats got things going for it cheap Canada Goose now clearly canada goose uk outlet sovereign risk hasn gone away. So for gold, as outright insurance, that demand is still there. Where we are struggling at the moment is gold is still sensitive to the dollar, Canada Goose Outlet said Citigroup analyst Jon Bergteil. canada goose coats
canada goose clearance sale off away from $2,000 under the weight of those issues have not really at the moment led to an immediate long term sell canada goose off, Bergteil said, adding: we will require for that is canada goose clearance for people to stop worrying about sovereign risk, that they come to the conclusion that the world is going to grow very nicely and we will not face these pot holes. canada goose clearance sale
Canada Goose Parka After a weekend of being told by canada goose coats the United States, China and other countries that they must get more aggressive in their crisis response, European officials focused on ways to beef up their existing 440 billion euro rescue fund. Canada Goose Parka
Canada Goose online Deep differences remained over whether the Canada Goose Jackets European Central Bank should commit more of its massive resources to shoring up Europe banks and help struggling euro zone member countries. Canada Goose online
canada goose deals INVESTORS RUN The lack of consensus on a lasting solution to the euro zone debt crisis has been a major driver Canada Goose Online in this year rise in canada goose factory sale the gold price to record highs above $1,900 an ounce. canada goose deals
Canada Goose sale rise in volatility taking place in the gold price was clearly an indication that uk canada goose outlet gold was no longer a low risk asset. So there are a few signs there that would canada goose uk shop have given you pause for thought, but inevitably when the move happens, everyone is taken a little bit by surprise, said Natixis commodities strategist Nic Brown. Canada Goose sale
would suggest that part of what is happening is a collective move away from commodities by investors. The fact that there is carnage going on across the commodities spectrum indicates there are a fair few investors who are getting cold feet at this stage and that has hit some precious metals disproportionately, he said. gold futures shows canada goose black friday sale speculators cut their holdings to their lowest level in over two years, as reflected by the fall in net non commercial open interest on COMEX.
canada goose black friday sale Short term interest rates on dollars and other major currencies, have shot canada goose sale up this month, as banks have become increasingly unwilling to extend funding to each other because of fears over their individual exposure to the debt of the peripheral euro zone nations. canada goose black friday sale
Canada Goose Jackets is one of the few assets that remains in positive territory this year, in a sense it is one of the last assets standing, Canada Goose online and Canada Goose sale because of this as investors head for cash they sell the assets that have performed. Essentially gold is a victim of its own success as liquidity trumps, buy canada goose jacket wrote UBS analyst Edel Tully in a note. Canada Goose Jackets
buy canada goose jacket cheap Silver also came under fire, falling by as much as 16 percent at one point in the day and set for its worst three day fall on record, having lost more than 25 percent in this uk canada goose period. buy canada goose jacket cheap
canada goose coats on sale Platinum fell by 4.2 percent to $1,538.49 an ounce, its lowest since May last year, while palladium recovered from an earlier 5.0 percent fall to trade down 1.1 percent on the day at $624.50 an ounce, around its lowest since last October. (Editing by James Jukwey) canada goose uk black friday canada goose coats on sale.