gold prices prediction may 16 2012
Gold prices fell in Asian trading on Wednesday as Greek talks to form a coalition broke down, setting the stage for a new round of elections that could possibly
Wheat Benefits from Weather, Oil & Rubber Slip on Greece
Wheat posted the biggest gain in more than two weeks as adverse weather in the United States threatens to curb output. Oil and rubber fell on political turmoil in Greece.
Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD
USD - The USD diverged from its recent trends overnight, but nonetheless strengthened further against many of its major counterparts. Despite ongoing fears that the Eurozone is descending into further political and economic turmoil, risk sentiment is ...
ForexLive: Gold tries to Bottom, Up Marginally on the Day
Gold has made new year lows today (lowest since December 30 2011). The fall yesterday extended below trend line support on the daily chart above (at the 1578 area) and extended that move today.....more.
Silver Forecast May 15, 2012, Technical Analysis
The silver markets fell again on Monday as the Dollar continues to gain overall. The market has recently broken below the support level at the $30 level, and this signaled to us that the market was ready to see a major selloff. The silver markets
Light Sweet Crude Forecast May 15, 2012, Technical Analysis
The Light Sweet Crude markets fell hard during the Monday session as the bullishness in the US dollar continues. The “risk off” trade has many people selling first and asking questions later, and the oil markets aren’t going to be any different.
Gold Forecast May 15, 2012, Technical Analysis
The gold markets fell hard on Monday as the fears out of the European Union continue to push the value of the US dollar higher. The Euro fell hard, and the resulting strength of the Dollar had a large impact on this commodity. The $1,500 level is
Gold Fundamental Analysis May 15, 2012, Forecast
Analysis and Recommendations:Gold continued to fall in the US session today, trading at 1560.95. During the EU session gold had actually posted a small gain. Gold futures prices are hovering near a four months low as European political hazard
Gold & Silver - Daily Outlook May 15th
Gold and silver prices declined again yesterday and thus both metals were traded down in eight out of the ten business days in May (so far). On today's agenda: Euro Area GDP for Q1 2012, German and Euro Area ZEW economic sentiment reports, U.S Co
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Market Update: China Faces Slowdown. Gold Drops 5 month low
China cuts RRR by 50 basis points amidst a slowdown in economy. Gold dropped to a record 5 month low against the USD, trading at $1558.35 per ounce.
Gold Silver and Oil Started off the Week Falling
Gold and silver prices continued their downward trend and started off the week the same way they have ended the previous one - falling. Other commodities also fell including crude oil (WTI) and natural gas future. Finally, the Euro also sharply d


