Crude Oil, Gold to Rebound as Traders Rethink Impact US Debt Stalemate
Tuesday, 22 November 2011 02:10
Crude Oil to Rise as S&P 500 Futures Point to Rising Risk Appetite.
Gold, Silver May Recover as Safe-Haven Flows Leave US Dollar.
Gold at 1532.40
Monday, 26 September 2011 10:56
Gold has dropped to a low of 1532.40, a low that was not foreseen in the midst of the glory Gold has been receiving.
Read MoreGold pinned unsafe
Thursday, 25 August 2011 12:47
The Euro is dropping against the U.S Dollar as the pair tumbled down from 1.4460 to 1.4415. Gold is also seen spiraling downwards.
Read MoreGold 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 MoreUS Bond Market Update
Tuesday, 19 April 2011 06:53
The US bond market treasury yield curve has steepened with long-term rates rising and short-term rates falling after the S&P announcement which will certainly worry holders of US dollars.
Read More