Gold and silver started off the second week of February with little changes. The financial community is waiting in anticipation for the results of the Greek negotiations ; these negotiations might affect the direction of the Euro and consequently may also influence precious metals
MUMBAI, Feb 05 Gold Trading prices after making an intermediate high at USD 1763 and corrected to close the day at USD 1725 on Friday as US economy added more jobs in January than forecast. Selling pressure gathered momentum after gold in New York slumped the most in five weeks as the US economy added more jobs in January [...]
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Gold and silver continued their upward trend of recent weeks as they have slightly advanced again during yesterday’s trading. This rally might change direction, depending on the upcoming results of the U.S. payroll report, which will be published today; the current expectations are it will show growth in non-farm employment of 170-250 thousand
Gold and silver were traded up on the first day of the month, even though other commodities were traded down.
Gold and silver ended January with very moderate changes as silver slightly declined and gold rose.
Gold, silver and copper prices are looking to the ISM gauge of US manufacturing activity for direction. Crude oil has decoupled amid uncertainty about Iran.
The short-term correlations between the Australian Dollar/US Dollar exchange rate against gold and silver prices trade near record strength. Long positions in the Australian Dollar against the US Dollar (ticker: USDOLLAR ) likewise offer the advantage of interest rate payments.
During January, gold demonstrated its strongest performance in a single month since August 2011; for silver it was since July 2011.
Crude oil, gold, silver and copper prices are rising as a pick-up in risk appetite weighs on the US Dollar but the move higher doesn’t seem to have staying power.
Gold Trading price makes an Intermediate top at USD 1763 and falls
Gold Trading price rallies the most from Intermediate bottom at USD 1522
Gold Trading price steadies and rallies from trading bottom at USD 1625
Gold Trades make a trading top at USD 1631 and corrects
Gold Trades higher – Safe-Haven Buying Surfaces
Gold Trading Prices benefits from euro strength and Oil tensions in Iran
Mcx Tips | Crude Oil Price commences Intermediate rally