Posts Tagged ‘gold price’

  • Gold Continues To Tarnish

    Gold Continues To Tarnish

    May 24, 12 • 3694 Views • Forex Precious Metals, Forex Trading Articles Comments Off on Gold Continues To Tarnish

    Gold has dropped for a third day as worries about the fallout from a potential Greek exit of the euro zone pushed investors to pile into the US dollar. With little action announced from the EU Summit in Brussels yesterday, investor’s worries continue to...

  • Gold On The International Markets

    Gold On The International Markets

    May 17, 12 • 5239 Views • Forex Precious Metals, Forex Trading Articles Comments Off on Gold On The International Markets

    International gold prices have lost almost all their gains this year, trailing even weaker stock markets, but experts say the precious metal is poised to bounce back in the medium to long term even if it loses more lustre in the short term. Global prices of...

  • India Reverses On Gold Duties

    India Reverses on Gold Duty Increase

    May 7, 12 • 3964 Views • Forex Precious Metals, Forex Trading Articles Comments Off on India Reverses on Gold Duty Increase

    In the beginning of the year, the Indian government increased the duties and taxes on gold purchases. India being the second largest user of gold in the world this increase would generate a huge amount of income for the government. Many people in India as...

  • Gold Closes April Down

    Gold Closes April At 1650

    May 1, 12 • 4294 Views • Forex Precious Metals, Forex Trading Articles Comments Off on Gold Closes April At 1650

    Gold prices declined to $1650 an ounce on to close the month, taking a breather after four day run upwards, as upcoming elections in France and Greece and a European Central Bank meeting later this week pressured the euro versus the dollar. The markets...

  • Akshya Tritya And Gold

    The Hindu Festival Of Akshya Tritya And Gold

    Apr 23, 12 • 54265 Views • Forex Precious Metals, Forex Trading Articles 11 Comments

    A day prior to the Hindu festival of Akshya Tritya, gold traders are expecting  that sales would be around 25% more in the week as against the same period last year. “We are expecting a jump of around 25-28% in gold sale in terms of volume in...

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    Why Did Gold Surge Yesterday

    Apr 11, 12 • 4107 Views • Forex Precious Metals, Forex Trading Articles Comments Off on Why Did Gold Surge Yesterday

    Gold ended up in late day trading yesterday, with investors continuing to seek a safe haven in the precious metal amid weakness in U.S. and global equity markets. As renewed concerns over the eurozone debt problems resurfaced with yields soaring in bond...

  • Forex Precious Metals - Quantitative Easing Fantasy For Gold Speculators

    Quantitative Easing The Fantasy Of Gold Speculators

    Apr 10, 12 • 4100 Views • Forex Precious Metals, Forex Trading Articles Comments Off on Quantitative Easing The Fantasy Of Gold Speculators

    Gold prices have risen as traders speculated that last week’s US unemployment report increased the likelihood that the Federal Reserve would maintain its accommodative policy to boost the economy. The heaviest traded contract, for June delivery, rose...

  • Forex Precious Metals - Gold Looking For A Bottom

    Gold Looking For A Bottom

    Mar 15, 12 • 4348 Views • Forex Precious Metals, Forex Trading Articles Comments Off on Gold Looking For A Bottom

    Gold regained some power this morning after a drop in the prior session attracted bargain hunters and bottom feeders, but a robust dollar and fading expectancies of more financial easing in the USA made the metal exposed to more selling. The physical market...

  • Forex Precious Metals - Gold Starts Week Off Lower

    Gold Starts The Week Off Lower

    Mar 13, 12 • 4278 Views • Forex Precious Metals, Forex Trading Articles Comments Off on Gold Starts The Week Off Lower

    Gold turned lower in yesterday’s session after stocks reversed gains and the US dollar rallied to the highest in more than a month, but some traders opted to remain on the sidelines before a US Fed Reserve (FOMC) meeting tomorrow, that might weigh on the...

  • Forex Market Commentaries - Fools Gold

    Fools' Gold? Gold Sits On The 200 Moving Average

    Dec 19, 11 • 3262 Views • Market Commentaries Comments Off on Fools' Gold? Gold Sits On The 200 Moving Average

    The safe haven status of gold appears to have lost it’s shine, whether or not this is a trend, or a temporary loss of faith (as a reversion to the yearly mean takes hold) remains to be seen. Many analysts and commentators have continued to hold...