factors affect gold price

Is it the time to invest in gold or not?

gold varies due to many factors that lead to high or low the price of gold perhaps the most notable: 1 – the value of the U.S. dollar. 2 – jewelery demand from global markets. … Continue reading

Posted in Gold News on by M. Kirsh

Expectations of higher gold prices

Gold price technical analysis 30 - May, 2013

Expected to see gold hit a new beginning of today global marketsMonday at the start of trading week, global stock markets and its impact on local markets. expected to see global markets state ofthe rise in the price of gold, in the case of profit-taking situation, which started since the end of last week and the desire to correct the pathafter … Continue reading

Posted in Gold News on by M. Kirsh

Italian Gold exports decline 12%

Italians income descended to levels of 27 years ago

Moving Gold exports in Italy’s largest producer and exporter in Europe to decline about 12 percent this year as in 2011, with demand affected negatively impacted by the debt crisis in Europe and concerns about the … Continue reading

Posted in Gold News on by M. Kirsh

World Gold Council: Gold demand growth by 10% in China

Gold price technical analysis 30 - May, 2013

World Gold Council announced on Thursday that demand for gold in China increased 10 percent under the low global demand in the first quarter of 2012, what is recorded the highest historical figures. In the first quarter the volume of global demand for gold 1097.6 tons, down 5 percent, and the value of gold to be about $ 59.7 billion U.S. dollars, up 16 percent. The … Continue reading

Posted in Gold News on by M. Kirsh

Chinese demand for gold made a new record

Europe

World Gold Council said on Thursday that Chinese demand for gold hit a record high in the first quarter as investors worried about inflation andthe real estate market to do so violates the downward trend in global consumption due to rising prices of precious metal. The council said that the global demand for gold fell five percent on … Continue reading

Posted in Gold News on by M. Kirsh