Asian Markets quiet

Thursday, 14 April 2011 09:27

Asian markets were off or slight up on low volume trading. Australia is down as well but all in the 0.50~1 % levels.

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Gold fell for a second day on Tuesday

Tuesday, 12 April 2011 04:24

Gold fell for a second day on Tuesday due to a steadier dollar after having hit record highs on Monday, additionally the upgrade of the Japanese nuclear crisis forced investors to safe haven bets.

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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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Demand for Precious Metals Strengthens

Wednesday, 6 April 2011 04:55

Gold gains again in London and New York as investors bought the metal on concern that global interest-rate increases will reduce growth and of the back of that the dollar slumped against the euro.

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