Gold is over 1660 USD/Troy an ounce

Gold price technical analysis 30 - May, 2013

Gold settled over 1660  USD/Troy an ounce on Monday, after rising for four consecutive sessions, as derived from the price supportspeculation that the Federal Reserve is called, a new round ofmonetary easing. According to a Reuters that “the price of gold in online transactions of $1662.31 per troy ounce, compared with 1662.32 in late trade on Friday. Gold has fallen from its record high levels in … Continue reading

Posted in Gold News on by M. Kirsh

Gold rise boosted by wall street rise

A look on Comex market

Gold prices rose on Tuesday after the rise of stock prices and industrial metals, but selling pressure before the expiration of contracts foroptional American and a meeting of the Federal Reserve (Fed) limited the rise. The precious metal rose after the rise in the Dow Jones U.S. sharplyafter the major U.S. companies realized profits after a strong andencouraging report on U.S. home sales. Begins with a meeting … Continue reading

Posted in Gold News on by M. Kirsh

Gold salted at 1641 USD and attention on the central American

Gold price technical analysis 30 - May, 2013

Gold settled near 1641 USD/Troy per ounce on Wednesday, boosted bystrong performance of shares, but investors also expect a Tmahaat ona new round of quantitative easing when the Fed concludes the Federation (Fed) meeting. The previous rounds for the purchase of assets by the Fed may have weakened the dollar and boosted global equities and U.S.. It is expected to re-emphasize the central bank intends to keep U.S. … Continue reading

Posted in Gold News on by M. Kirsh

The stability of gold prices in international markets

gold core

Gold prices stabilized in Asian trade on Tuesday with dealers to exercise caution amid political uncertainty in France, the Netherlands and weak data renewed concerns about the debt crisis of the euro area, prompting the precious metal for the drop to its lowest level inalmost three weeks in the previous session. The price of gold for immediate transactions of $ 1637.19 an ounce,after it … Continue reading

Posted in Gold News on by M. Kirsh