silver

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 on a negative note today. Greece has scheduled to hold its second election in […]

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 restricting downside of metals pack. From the economic data front, Chinese Industrial production may increase

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 a lot more for their money when purchasing

Gold has edged lower, extending losses made in the previous session, as the US dollar firmed on worries about Spanish debt yields and the pace of Chinese economic growth. The markets this morning seem to be all about risk aversion. Gold fell 1 per cent in the previous session, as a selloff in riskier assets

Gold rose just about 1% on Thursday, following the Euro and US shares for a second day of gains, as positive market sentiment grew due to an anticipated conclusion of a Greece’s bond deal boosted financial markets generally. Gold traded up as Greece moved nearer to wrapping up its bond swap with PSI bond holders