Overview of the market of precious metals for 29.01.10

Categories: News International Markets

Dynamics On Friday, Jan. 29 quotes for gold and silver closed with a decrease in value against the background of strengthening U.S. dollar on the foreign exchange market, FOREX, and also because of the negative dynamics of neighboring markets and equity grounds, but later quotes almost completely restored the lost ground due [...]

Dynamics On Friday, Jan. 29 quotes for gold and silver closed with a decrease in value against the background of strengthening U.S. dollar on the foreign exchange market, FOREX, and also because of the negative dynamics of neighboring markets and equity grounds, but later quotes almost completely restored the lost ground due to purchases on technical factors. As a result of trading on the COMEX, division of the New York Mercantile Exchange (NYMEX), quotes gold futures dropped ... Read More

The newly emerged echoes the tense situation with sovereign debt in the euro area

Categories: News International Markets

Inertia selling, which originated in frustration Thursday at the optimistic market participants on Friday morning, have been developed. The reason for this was the negative closing trades in the U.S., as well as the decision of the Reserve Bank of India to follow the example of its northeastern neighbor, and to raise the allowance reserve [...]

Inertia selling, which originated in frustration Thursday at the optimistic market participants on Friday morning, have been developed. The reason for this was the negative closing trades in the U.S., as well as the decision of the Reserve Bank of India to follow the example of its northeastern neighbor, and to raise the allowance reserve for banks. A negative reaction to the fact that instead of the expected increase of 50 basis points, lights stayed on 75 b. subsection, prompting fears of ... Read More