Gold steady today after yesterdays highs.

Tuesday, 19 April 2011 02:23

Gold hovered around the 1,500 level after hitting new highs yesterday off the back of the S & P downgrade of the US. The 14 day RSI rose to 71.204, above the level of 70 that most believe as a sign that prices are ready to retreat.

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Yen climbs against the Euro and $

Tuesday, 19 April 2011 10:48

The yen climbed for a fourth day versus both the euro and dollar, the yen climbed to 116.48 which was the strongest since March 30. Japan’s currency rose 0.3 % to 82.44 against the greenback.

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Australian markets off

Tuesday, 19 April 2011 10:33

All Ord’s and ASX 200 both fell around 1.5 % to close at 4,874 and 4,793 with the mining and energy sectors hit the most

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Asian Markets off

Tuesday, 19 April 2011 07:07

After the EU and US markets getting hit yesterday there was little chance the Asian markets would not suffer the same consequence.

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Gold hits another record high.

Monday, 18 April 2011 09:20

Well it is no wonder after today global market turmoil that gold has hit another high, trading at 1,497.30 in COMEX.

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