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 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.
Read MoreGold hits record on speculation
Friday, 15 April 2011 08:52
Gold hits record on speculation that the ongoing crisis in Europe will worsen, enhancing its appeal as an alternative to currencies. Silver touched a 31-year high as well.
Read MoreGold hit another record high on Friday
Friday, 15 April 2011 09:36
Gold hit another record high on Friday after the dollar fell against a basket of major currencies also taking silver to a 31-year high, while inflation pressures in China also helped lift bullion’s appeal
Read MoreAustralian stocks traded lower on Friday
Friday, 15 April 2011 07:16
Australian stocks traded lower on Friday with the market reacting to inflation, growth, and output data from top trading partner China.
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