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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Gold hit another record on weakening dollar

Sunday, 10 April 2011 04:15

Once again gold hit another record as a weakening dollar boosted demand for the precious metal as an alternative asset and an inflation hedge. Silver climbed above $40 an ounce to a 31 year high and again the gold/silver ratio is at an all time low of around 37 times.

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