India Aims to Restrict Gold Imports As China Breaks New Records

http://economicrisis.com/india-aims-to-restrict-gold-imports-as-china-breaks-new-records-2/7466 India Aims to Restrict Gold Imports As China Breaks New Records Gold rose $17.90 or 1.22% yesterday to $1,452.00/oz and silver finished down 0.29%. The Reserve Bank of...

Consumers Snap Up Gold & Silver Jewellery

Consumers Snap Up Gold & Silver Jewellery Gold climbed $20.60 or 1.42% yesterday to $1,472.60/oz and silver finished nearly unchanged -0.08%. Jewellers across the world are seeing a surge in jewellery purchases because consumers are taking advantage of the price...

Gold And Silver Bullion Coin And Bar Shortages Continue

Gold And Silver Bullion Coin And Bar Shortages Continue Physical demand for coins and bars internationally continues and is the strongest since the immediate aftermath of the Lehman Brothers collapse on September 15, 2008, and the consequent global financial crisis. ...

Gold And Silver Coin And Bar Shortages Globally

Gold And Silver Coin And Bar Shortages Globally Gold fell $7.00 or 0.48% Friday to $1,467.30/oz and silver finished down 1.65%. Gold and silver both gained for the week at 4.74% and 3.11%, respectively. Gold rose another 1% overnight in Asia, consolidating on last...

Asians Drive Gold Demand To 30 Year High

Asians Drive Gold Demand To 30 Year High Today’s AM fix was USD 1,417.25, EUR 1,091.70 and GBP 931.05 per ounce. Yesterday’s AM fix was USD 1,425.00, EUR 1,092.54 and GBP 935.04 per ounce. Cross Currency Table – (Bloomberg) Gold climbed $24.50 or 1.75%...

“I Don’t Expect Gold To Go Down”

http://economicrisis.com/i-dont-expect-gold-to-go-down/4343 “I Don’t Expect Gold To Go Down” Gold futures in Tokyo jumped almost 5% to near all time nominal highs, marking their sharpest daily rise since September 2011, after the yen dropped to near four-year lows...

Turkey’s Silver Imports Surge 31% And Gold Imports Climb To 8 Mon

http://1goldinvestment.com/turkeys-silver-imports-surge-31-and-gold-imports-climb-to-8-month-high/ Turkey’s Silver Imports Surge 31% And Gold Imports Climb To 8 Month High Today’s AM fix was USD 1,568.50, EUR 1,222.81 and GBP 1,038.40 per ounce. Tuesday’s AM fix...

Sequestration: Last Minute Stopgap Budget

http://economicrisis.com/sequestration-last-minute-stopgap-budget/1566 Sequestration: Last Minute Stopgap Budget The United Stated economy is hanging on tight in preparation for the looming apocalypse that is the fiscal cliff. Just feet from the edge and a decision was...

Time-out for siesta after US dollar beat -up

The morning after: US dollar's slaughter yesterday from worse than expected US consumer confidence and Chicago PMI still lingers in the air of the forex market. There is hardly any movement at all in the market during today's Asian session, with most traders feeling exhausted...

UK house prices increase above expectations

UK house prices continue to rise despite Aug rate hike by the Bank of England (BOE). UK Nationwide House Prices has increased above expectations, coming out at +0.7% m/m (+0.6% expected) and +8.0% y/y (+7.9% expected), even though it was merely half the monthly increase seen...

US dollar looking bearish post-FOMC

Japan's Finance Minister Omi visited Mitsubishi UFJ Financial Group to discuss foreign exchange rates with the bank's dealers. He said "currency movements should reflect fundamentals", but declined to comment on specific currency levels. He also said the purpose of his visit...

USD's taking a break after yesterday's sprint

If you have stayed away from your trading desk last night, and returned this Asian morning, you would not have noticed anything different on the currency charts. The market hardly moved overnight, and it has been a rather lifeless US session, after USD made all of its gains...