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. interest rates near zero over the next two years, which could enhance the lureof gold as a safe haven.

The gold record highs for the year 2012 when it reached 1790 USD/Troy an ounce in late February after the Fed said at the time he would keep interest rates near zero until the end of 2014 at least.

By the time 0632 GMT, gold stood little changed at 1641.31 USD/Troy an ounce, after rising to 1648.91 dollars on Tuesday when the Dowjumped an indicator, the S & P 500 after strong results and an upbeat forecast from a large industrial company.

Silver and settled at 30.78 dollars per ounce.

Platinum rose 0.36 percent to 1544.74 dollars, while providing 0.22 percent palladium, recording 664.97 USD/Troyan ounce.

  • Dan Miller

    I’m interested in purchasing gold coins in small denominations. Where can I get info on how to purchase and would like your opinion on this type of purchasing.