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Jul 6, 12 •
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Forex Precious Metals, Forex Trading Articles •
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Gold futures price movement is seen little puzzled at the Globex ahead of the mostly eyed US Nonfarm payroll release later today. Asian equities followed sell-offs from the US overnight as the slew of easing concepts painted the bleak economic picture. Euro...
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Jul 5, 12 •
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Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold and Silver Wait on Central Banks
This morning base metals are trading down by 0.03 to 0.71 percent at LME electronic platform while the Asian equities are also trading on a weaker note. Riskier assets including base metals are mostly down on caution ahead of a meeting later in the session by...
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Jul 4, 12 •
9448 Views •
Market Commentaries •
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With US markets closed today for the Independence Day holiday, trading is expected to be light during the European session and then quiet the rest of the day. There is little in the way of eco data from around the globe. Commodity markets closed higher for...
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Jun 14, 12 •
5627 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold and Silver in the Shadow of Spain and Greece
Today Gold futures prices have seen little changed from the prior closing and Asian stocks dropped after Spain’s credit rating was cut which has renewed the concern of European crisis contagion to the global growth. The Euro however is showing slight...
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Jun 12, 12 •
4155 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold and Silver and the EU Crisis
This morning base metals are trading down by 0.4 to 1.6 percent apart from Aluminum at LME electronic platform. The Asian equities are also trading down after losing yesterday’s gains as Spain bailout continues to fade and concerns of Italy and Greece...
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Jun 4, 12 •
3176 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold Shines Once Again
Gold futures prices would have taken a pause at the Globex skidding 0.28% from the weekly closing while, the Asian shares slid as investors gathered worries from the terrible jobs data released last Friday, and a weak Chinese PMI pressurized the stocks in...
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May 31, 12 •
3465 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold and Silver the News Flow from the EU
Gold futures prices have climbed today as Greece’s pro-bailout party leads the poll ahead of June election raising hopes of Greece remaining under the Euro area. The Euro however knocked down once again near a two year low against the dollar after the...
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May 31, 12 •
4186 Views •
Forex Precious Metals, Forex Trading Articles •
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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...
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May 21, 12 •
5596 Views •
Forex Precious Metals, Forex Trading Articles •
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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...
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May 17, 12 •
3271 Views •
Forex Precious Metals, Forex Trading Articles •
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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...