Elevation of Gold by 1%

The mess of gold price leaded by Japan

Gold rose 1 percent today to about 1625 USD/TRoy an ounce, while jewelry makers on the purchase price after the descent of more than 1% in the beginning of the meeting. Traders said the decline in gold prices encouraged to buy in Asia, leading to higherpremium for gold bars to their highest level since February, at least in Singapore and … Continue reading

Posted in Gold News on by M. Kirsh

Euro offset part of its losses against the dollar and Japanese yen

Euro offset part of its losses against the dollar and Japanese yen

Instead of the euro part of its losses after hitting its lowest level in eight months against the dollar and the lowest level during the decade against the yen, but is unlikely tocontinue the recovery. In the absence of clarity of the rescue plan for the euro zone continued investor pessimism about the outlook for the euro with the … Continue reading

Decline of the euro against the dollar

Euro / dollar rises to highest price amid hopes of resolving the economic crisis

Decline of the euro against the dollar today after a speech to near and Spanish Economy Minister Elena Salgado said there were no plans on the table to increase the size of the euro zone rescue fund two trillion euros. The euro dropped 0.23% to 1.3488 dollars from 1.3530 dollars around after hitting a session low at 1.3478 dollars earlier. The single European currency has gained some support from speculation that policy makers will … Continue reading

U.S. stocks continued to rise since yesterday

Gold Market Manipulation History in the U.S.

U.S. stocks rose more than 1% e at the open today, with the support of the efforts ofofficials in the hopes of the euro area to increase the size of the rescue fund in theregion to meet the debt crisis. The Dow Jones industrial ‪ increased by 156.97 points, or 1.42% to 83.11200 points.The benchmark Standard & Poor’s 500 ‪ by 17.17 points or 1.48% … Continue reading

Japanese and Chinese stock exchange closed lower today

2.4% growth forecast for the world economy in 2013

Nikkei ‪. N225 ‬ record to the lowest level in six months since the transaction in early trading on the Tokyo Stock Exchange today after losses on Wall Street has faced in the wake of a weekend three-day But buying stocks fell in price recently before the deadline for the receipt of profits led to areduction of the Nikkei decline. The Nikkei fell 1% to 8478.92 points and the Topix index fell ‪. TOPX ‬ wider by 1% to736.84 points … Continue reading

Spot gold and silver price brooked

Gold prise is pushed up by the Comex market

Decline in the spot gold price by 3.6% to reach 1597.89 USD/Troy an ounce today, down from  1,600 USD/troy an ounce  for the first time since late July, as investors sold precious metals to buy in the dollar and Treasury bonds, which are considered safe havens. Gold prices today fell to more … Continue reading

Posted in Gold News on by M. Kirsh

SEC terminated in U.S. and European trading of the week on a mass increase

Euro retreats influenced by the possibility of European rate cut

Stock Exchange concluded the “Wall Street” of America, end transactions of the week,yesterday on the high mass of the key indicators, and Dow jones gain industrial average 37.65 points, to close at 10771.50 points, record an increase of 0.35%. The index of the S & P 500 “S & P 500” wider by 6.87 points, to settle at 1136.43points, an … Continue reading