Gold trim its losses after the promises of the Italian government

Japanese Stock market pushed Comex down

Gold trimmed losses on Thursday as the dollar fell, while disappointing given that Italy canform a new government soon to implement reforms and to contain the worsening debt crisis of confidence some investors to bet on commodities. During the past two days, investors sold commodities including gold, with the worseningdebt crisis of the euro area amid fears of a default on the repayment of debt … Continue reading →

Posted in Gold News on by M. Kirsh

Italian crisis caused a high gold price

Gold prise is pushed up by the Comex market

The price of gold today with the continuing uncertainty in the ability of Italy to meet the debt crisis worsening terms of payment of political uncertainty and a sharp rise in bond yieldsItalian investors to be cautious. And Prime Minister Silvio Berlusconi, who many see as an obstacle to the markets ineconomic change, to resign after the parliament approved … Continue reading →

Posted in Gold News on by M. Kirsh