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.
Read MoreYen 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.
Read MoreAustralian 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
Read MoreAsian 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.
Read MoreGold 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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