Forex Precious Metals

  • Gold Gets Clobbered by the USD

    Gold Gets Clobbered by the USD

    May 31, 12 • 3251 Views • Forex Precious Metals, Forex Trading Articles Comments Off on Gold Gets Clobbered by the USD

    The yellow metal has came under severe pressure with the Euro wobbled by a rating cut of Spain by Egan-Jones from “B” to “BB-“ which was the third round of down gradation by the agency in less than a month. The Euro has been hammered by the news that...

  • Gold Continues To Tarnish

    Gold Continues To Tarnish

    May 24, 12 • 2790 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...

  • Greece Woes Weigh On Metals

    Greece Woes Weigh On Gold And Silver

    May 21, 12 • 4703 Views • Forex Precious Metals, Forex Trading Articles Comments Off on Greece Woes Weigh On Gold And Silver

    Greece’s woes may continue to weigh on metal prices but, slight improvement in investor sentiments post G-8 has provided the “Euro” currency to gain 0.12 percent early morning and may continue in today’s session. The Dollar index has also weakened...

  • Notes On The Asian Session

    Notes On The Asian Session

    May 17, 12 • 2446 Views • Forex Precious Metals, Forex Trading Articles Comments Off on Notes On The Asian Session

    After four consecutive sessions of battering, Gold futures prices nudge higher at the early Globex by over half a percent amid optimism of the Fed minutes that intimated a several members support for additional monetary easing should the economic recovery...

  • Gold On The International Markets

    Gold On The International Markets

    May 17, 12 • 3961 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...

  • Gold And Silver After The Asian Session

    Gold and Silver Review After The Asian Session

    May 16, 12 • 3391 Views • Forex Precious Metals, Forex Trading Articles Comments Off on Gold and Silver Review After The Asian Session

    Unfavorable tertiary industry activity data from Japan coupled with decline in the country’s machinery orders and failure of talks to form a New Greek government led to rise in risk aversion in the global markets today. This resulted Asian markets to trade...

  • Gold And Silver Review

    Gold And Silver This Morning

    May 11, 12 • 3625 Views • Forex Precious Metals, Forex Trading Articles Comments Off on Gold And Silver This Morning

    The Asian equities are trading mixed while the equities might pair in slightly after better banking and economic outlook. However, the Chinese inflation release early morning came out in line with expectation and may indicate some easing in near term...

  • Gold Price Falls On Global Sentiment

    Gold Falls On Global Sentiment

    May 10, 12 • 5072 Views • Forex Precious Metals, Forex Trading Articles Comments Off on Gold Falls On Global Sentiment

    Gold fell for a third day, touching a four-month low and virtually wiping out its gains for 2012 as an escalation in the euro zone debt crisis and political turmoil prompted investors to move to dollars and German government bonds as safe havens....

  • India Reverses On Gold Duties

    India Reverses on Gold Duty Increase

    May 7, 12 • 3257 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...

  • Silver Begins To Outshine Gold

    Silver Begins To Outshine Gold

    May 2, 12 • 17483 Views • Forex Precious Metals, Forex Trading Articles Comments Off on Silver Begins To Outshine Gold

    As gold continues to trade over 1600.00 per ounce and the economic  crisis is still in full swing, US consumers have shift their interest from gold to silver. With less money to spend consumers are forced to be frugal and they have realized that they can get...