Gold Recovers as USD Rally Slows
December 24, 2009 4:08 pm by Natalie R.Gold prices recovered over the past two days as the rally in the USD halted after the release of a disappointing New Home Sales report yesterday. With the greenback under pressure and extremely low levels for Gold, investors have taken ...
Gold Drops Sharply as Dollar Rallies
December 17, 2009 8:59 pm by Natalie R.Gold prices dropped to just above $1100 an once from Dec. 3rd record high of $1,227.50. The metal is declining as investors turn away from riskier assets such as gold and stocks and return to the safety of the USD. ...
Gold Slips on Publication of U.S. Unemployment Claims
October 22, 2009 5:24 pm by Dan EduardGold prices slipped today on the publication of the U.S. Unemployment Claims report. The report showed that claims rose to 531,000 people, which is notably higher than many top analysts forecast. In a number of cases, the USD made decent ...
Gold Drops as Dollar Strengthens
October 22, 2009 2:50 pm by Natalie R.After reaching $1062 yesterday as the EUR/USD pair breached the $1.50 level, Gold prices lost ground and currently trading in the $1054 -$1058 price range.
Gold Soars to $1064.50 an Ounce
October 21, 2009 8:47 pm by Dan EduardThe price of Gold has soared today to $1064.50 an ounce, before slipping slightly to about $1062 an ounce. What does this prove? Well this proves that Gold and other metals are currently in an upward trend, and there is ...
Gold Slides on Rising Dollar
October 21, 2009 5:11 pm by Dan EduardGold slid to as low as $1047.25 an ounce earlier today, which is largely owed to the USD's gains vs. the EUR in early trading. However, in the past 2 hours, Gold has made a significant upward correction, which can ...
How to Trade Gold Successfully – Part I
October 21, 2009 3:52 pm by Yan PettersMore and more forex traders are discovering gold lately. Whilst for many years it was very clear that most of the transactions include the EUR/USD, GBP/USD and the USD/JPY pair, lately it seems that the major trading volume has shifted ...
Golden Bulls – Is this Idol Worship?
October 21, 2009 10:51 am by Greg HoldenWe are continuing to watch Gold in this week's analysis since the precious metal has continued rising to record highs. If you weren't watching, Gold has risen from around $700 an ounce back in November of 2008, to almost $1100 ...
