Read More: http://newsdoors.blogspot.com/2012/11/gold-prices-trading-at-173030.html The price of Gold holds the near-term positive tone, following bounce from yesterday’s low of 1719 – however the current pricing lacks momentum for push towards 1735/38 barriers. ...
Read More: http://newsdoors.blogspot.com/2012/11/investors-must-know-this-lesson-from.html
Today acclaimed money manager Stephen Leeb told King World News, “There is a growing recognition that austerity can only take the Europeans so far. We are now seeing...
Read More: http://newsdoors.blogspot.com/2012/11/we-would-not-be-surprised-to-see-gold.html Even though dollar gold prices are relatively strong, ScotiaMocatta, the gold bullion banking division of Scotiabank, observes that gold in a host of currencies has reached record...
Read More: http://newsdoors.blogspot.com/2012/11/gold-and-silver-market-says-wait-market.htmlThere is a reason why it has not been easy to trade gold or silver, of late. One area where information is least reliable is in the middle of a trading range. That...
The Reserve Bank of India (RBI) has purchased 200 metric tonnes of gold from International Monetary Fund to diversify its assets on Monday. Analysts say weak American dollar is the major reason for RBI to stock on gold right now. The deal came at a price of $6.8 billion...
The price of gold keeps on rising and has hit an all-time high of $1,040.15 per ounce after the dollar loses some of its value. The last time gold hit a new high, 1,032.80, was in March 2008. Gold and other metals have become increasingly popular among investors as the dollar...
created by Annina Bergman | 3 years ago | updated 3 years ago 312 views | 25 recommendations | 2 comments
UPDATE 3. Gold has stabilized for now, trading below $890 at $887.70 at 7.15PM EST. Some analysts attributed the sharp sell off to expiring futures and options contracts. However, we still believe that a massive decline is underway, driven by the need to raise...