-
May 24, 12 •
3694 Views •
Forex Precious Metals, Forex Trading Articles •
admin
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...
-
May 17, 12 •
5239 Views •
Forex Precious Metals, Forex Trading Articles •
admin
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...
-
May 7, 12 •
3964 Views •
Forex Precious Metals, Forex Trading Articles •
admin
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...
-
May 1, 12 •
4294 Views •
Forex Precious Metals, Forex Trading Articles •
admin
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...
-
Apr 23, 12 •
54265 Views •
Forex Precious Metals, Forex Trading Articles •
admin
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...
-
Apr 11, 12 •
4107 Views •
Forex Precious Metals, Forex Trading Articles •
admin
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...
-
Apr 10, 12 •
4100 Views •
Forex Precious Metals, Forex Trading Articles •
admin
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...
-
Mar 15, 12 •
4348 Views •
Forex Precious Metals, Forex Trading Articles •
admin
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...
-
Mar 13, 12 •
4278 Views •
Forex Precious Metals, Forex Trading Articles •
admin
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...
-
Dec 19, 11 •
3262 Views •
Market Commentaries •
admin
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...