Gold rose immediately by more than 1% yesterday as it attracted the largest daily loss of the metal yellow in more than three years, buyers who are betting on further gains. Thegold market has immediate buying fever in Asia as traders piled into gold, traders and investors take advantage of lower prices around $ 100 the night before last, which helped to consolidate the gains.
A global shock all over the world after all of the expectations for gold prices was expected to rise today over 1800 USD/Troy an ounce which push the investots and the central banks to buy … Continue reading
Economic expert said today that the attention of investors in the global gold market is now turning to the press conference to be held by the U.S. Federal Reserve Chairman Ben Bernanke before buying the … Continue reading
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
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
Chairman of the Board of Directors of «El sokary gold mines» Mohamed Abdel Azim, the balance of Egypt’s reserves of gold in the mines of diabetes in the Eastern Desert rose to 14.5 million ounces, … Continue reading
Forex Pros - Gold futures regained strength on Tuesday, rising for the first time in three days with double reinforced. To the U.S. dollar. Widely enhanced the appeal of the precious metal, while waiting for … Continue reading
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
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
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