Gold its highest level since mid-November at 1790 USD/Troy an ounce

gold core

Gold rose in Asian trading on Wednesday, after he had finished the previous session ongains of 1 percent, boosted by expectations that the European Central bank is offeringlow-interest loans later in the day. The cash price is heading for the yellow metal to end the month of February on the gains of 2.6 percent before pumping is expected for about half a trillion euros from the European Central, in … Continue reading

Posted in Gold News on by M. Kirsh

Gold prices at the crossroads between continuing to rise or return to retreat

Tunisia officially declares bankruptcy

An analyst technical director of research group FX Stars, The price of gold, the world continued to rise for more than 5 sessions to reach levels of1785 USD/Troy an ounce and is now to the point of distinguishing between continuing torise, or return to retreat again. The gold may support levels of 1,700 of more than one session and then go to levels of $ 1785 an … Continue reading

Posted in Gold News on by M. Kirsh

High demand for gold to its highest level in 14 years during the last year

Japanese Stock market pushed Comex down

Report showed today that demand for gold reached its highest level in 14 years in 2011,driven by investment of the Standard and purchase in China, which has beyond India this year to become the largest consumer in the world, as well as purchases by central banks recorded the highest level in 40 years at least. The World Gold Council … Continue reading

Posted in Gold News on by M. Kirsh

Rise of gold prices in global markets

Japanese Stock market pushed Comex down

precious metals prices rose a collective global markets last week, where he scored gold gains of 48.50 USD/Troy per ounce compared to last week, according to a report of precious metals weekly Emirates NBD. The report said that last week began the reaction of Asian developing the minimumreserves banks in China, and thus the price of gold up to about 1730 USD/Troy per ounce,while influenced by this price also declare to reach an … Continue reading

Posted in Gold News on by M. Kirsh

Gold up to its highest level in 14 years

Gold price technical analysis 30 - May, 2013

The price of gold globally to its highest level in 14 years, died from an increase of orders it,especially from China, which has beyond India this year to become the largest consumer in the world, as well as increased purchases of the central banks of it, which recorded the highest levels of at least 40 years. … Continue reading

Posted in Gold News on by M. Kirsh

Gold settles after a skirmish barrier of $ 1760

Japanese Stock market pushed Comex down

Gold settled yesterday, after rising to its highest level in more than two weeks and cameas a result of concerns about Greece’s ability to implement the terms of a deal to save unpopular to talk balanced with the gains recorded by the metal after reaching the agreement. Gold rose in the spot market to 1759.84 USD/Troy per ounce in early trade, its highest level … Continue reading

Posted in Gold News on by M. Kirsh

Gold settle and Greece is still a concern

Gold price technical analysis 30 - May, 2013

Gold steadied on Wednesday after he ascended to the highest level in more than two weeks and came as a result of concerns about Greece’s ability to implement the terms of bailout unpopular to talk balanced with the gains recorded by the metal after reachingthe agreement. Gold rose in the spot market to 1759.84 dollars per ounce in early trade, its highest level since the … Continue reading

Posted in Gold News on by M. Kirsh