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.
Read MoreGold 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.
Read MoreGold 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.
Read MoreDemand 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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