Gold
Projected price of Gold will Continue to Go Down
Predicted gold prices will continue to weaken in the coming weeks. This occurs because the potential for a stronger U.S. dollar against other currencies.
Stock market analyst Nico Omer explained for the next few weeks commodities markets will also likely depressed due to the strengthening of the dollar against the rupiah this.
“Gold is possibly bearish as the dollar strengthened and the potential world stock markets and commodity markets are likely to weaken over the next few weeks,” said Nico in a short message to Legal, Monday (02/13/2012). › Continue reading
Gold Touch Expensive Price Since August 2011
Gold prices moved higher up to 11 percent, and put it in the highest position since August 2011 last.
Strong commodity prices is a safe haven along with market participants re-emergence of concerns over global economic conditions following the negative economic data.
U.S. home prices fell more sharply than expected in November, and consumers turned to less optimistic in January because of the economic recovery still faces hurdles.
Market participants also focused on a survey of global manufacturing even in China and the eurozone by the Institute for Supply Management’s index of U.S.. › Continue reading
Gold Prices Rise Again
Gold prices moved higher after Standard & Poors downgraded the debt of nine European countries that became negative centimeters.
After this step the S & P, the pressure to complete the negotiations for Greece in order to avoid a loan default status (default).
Meanwhile, investors also pay attention to China’s economic data which is an indicator of economic growth for Asia. China will announce the figures gross domestic product (GDP) in 2011.
As quoted by Reuters on Tuesday (1/17/2012), the price of gold moved higher 0.1 percent to USD1.645, 6 per ounce. While the U.S. gold prices rose nearly one percent to USD1.646, 3. › Continue reading
“Gold Prices Will Translucent USD1.940/Ounce”
Goldman Sachs said the price of crude oil, gold and copper in 2012 will strengthen this.
“We see gold and copper will reach its highest level in 2012 was, along with the improving economic fundamentals in 2012,” the investment bank said as quoted by Indiatimes, Saturday (14/01/2012).
Rise in metal commodity prices, he added, trailing minmyak price increase that will occur this year. “In our view, it’s just a matter of time when OPEC cut back production and hoist oil prices rose due to increased demand,” he explained.
In his notes, sanctions against Iran could push oil prices well into the $ 130-140 per barrel. He said the focus of oil markets is the potential closure of the Strait of Hormuz.
In addition, the bank also said gold prices are expected to continue to increase through 2012, reached USD1.940 per ounce for one year, due to the current low level of real U.S. interest rates. › Continue reading
Gold & Silver Gains in Early Year
Thin gold prices bounce back in early 2012. Silver did not want to miss, appearing with a higher selling price significantly.
As reported by Reuters on Tuesday (03/01/2012), precious metals prices rose 0.4 percent to USD1.571, 89 per ounce during the year 2011 after it gained as much as 10 percent. While the U.S. gold price rose 0.4 percent to USD1.573, 7.
On the other hand, current silver prices rose 2.1 percent to USD28, 39 per ounce after earlier fell slightly to $ 28, 21. In 2011, the price of silver was down as much as 10 percent because of gloomy metal commodity prices. › Continue reading
Gold Prices Still Strong
Thin gold prices rose amid weak equity in the stock market crisis and the uncertainty of reaping the threat of European debt downgrades.
The financial crisis in Europe increasingly alarming. The euro zone has also been observed to immediately seek the help of funds to complete the problem is to avoid the situation worse.
As a result, sovereign of Spain and Italy again touched its highest level.
As quoted by Reuters on Friday (23.12.2011), the price of gold moved the thin rose 0.1 percent to USD1.607, 89 per ounce. Where during this week the price of gold has been strengthening. While the U.S. gold price is in the position of USD1.610, 2. › Continue reading
Gold Price USD1.600 Hugs Back’s
Gold prices finally rose and brought it back to the top level of USD1.600 per ounce. Strengthening this time was the highest gains this week.
Factors driving the price of gold is economic data United States (U.S.) and the German sentiment in the market. Sentiment also came from the increasing demand for government securities Spain.
Furthermore, investors will observe the European central bank measures that will provide low-interest loans to banks. But the plan still uncertain.
As quoted by Reuters on Wednesday (12.21.2011), the price of gold rose to its highest position on this week to USD1.621, 85, and then move to USD1.621, 49. U.S. gold prices also rose 0.4 percent to USD1.624. › Continue reading
Gold collapsed more in 2012?
Projected gold prices will continue to experience weakness. In fact, in the first quarter of 2012, this precious metal prices will drop to below USD1.500 per ounce.
Thus the results of a poll conducted by Reuters the top 20 fund managers, economists, and traders (traders). Earlier gold loses its status as a safe haven after the commodity fell to its lowest position in the last two and a half months, ie at USD1.450.
The negative predictive out after gold prices dropped to 11 percent by the end of this month. Rose gold room seems to have been closed, and has entered a weakening trend today. › Continue reading
Gold prices will rise or fall?
Miguel Perez-Santalla, Vice Director of Sales Heraeus Precious Metals Management LLC, based in New York, United States, said the market and investors are still worried about European financial crisis.
Prolonged crisis of European settlement, he said, potentially raising the price of gold. “The crisis of Europe has not been resolved, thereby potentially boosting gold prices, as investors no longer trust the financial system,” he said as quoted by Bloomberg.
However, financial managers in fact have a different view. They caution for now gold is not yet a safe haven or a safe asset. Currently investors are ‘in love’ against the U.S. dollar and the yen continued to strengthen in the middle of the stock market decline.
Daniel Briesemann, analyst at Commerzbank AG, based in Frankfurt, Germany to assess the conditions putting pressure on gold commodities market. He even worried about the gold price could drop below the level of U.S. $ 1,500 per troy ounce. › Continue reading