Gold is suffering from losses incurred last night and it seems that threatened to fall to levels not seen for several years due to expectations of higher US interest rates this week. It starts the Federal Reserve (Fed) last meeting of the year later in the day amid widespread expectations that declares at the end of the two-day meeting, which raised interest rates for the first time since June 2006. It is expected to raise interest rates undermines demand for gold, which does not generate interest and at the same time supporting the dollar. Gold lost ten percent of its value already since the beginningRead More →

30% decline in the purchase of gold during the second quarter

Demand for buying gold jewelery dip in Egypt by 30% during the second quarter of 2015, compared to the same period last year For his part, the “World Gold Council” that Egypt’s consumption of gold jewelery rate of 8 tons, compared with 11.4 tons in the period of comparison. He drew the Council, to the decline in global demand for gold to its lowest level in six years, during the second quarter of this year, stressing that the largest buyers of gold are still avoid buying the precious metal with the approach of its price to its lowest level. It is noteworthy that, India andRead More →

Gold falls after suffering the biggest monthly loss in two years

Report published by the newspaper «Financial Times» considered that fact turned to gold investment recently sexy frustration should not be a surprise for investors around the world where there are seven reasons why the precious metal lost its luster for investment. The report pointed out that the fall in prices of the yellow metal came in the context of a series of developments that have impacted negatively on the move despite the conflict of significance in some cases. The report pointed out that gold record shortage in unusual sensitivity to various geopolitical shocks that have occurred recently, such as concerns over the euro zone againstRead More →

Gold recorded a drop in the beginning of the trading week in the financial markets

Gold prices saw a rise during Thursday’s trading session comes ahead of a report tomorrow the government functions from the US economy, this comes with the dollar fell somewhat during the American trading session today under ready market for the employment data. Gold prices are trading at $ 1091.70 an ounce after recording the highest at $ 1093.20 an ounce and was opened today’s session at $ 1084.10 per ounce after it recorded the lowest level at $ 1082.70 an ounce. Higher gold prices during the day’s trading session comes a correction in gold levels, which saw a significant drop during the last period, whereRead More →

Gold is trading below the price of $ 1100 per ounce ahead of the conclusion of the Fed meeting

Gold prices settled below the price of $ 1,100 per ounce on Wednesday, as investors awaited the outcome of the monetary policy meeting scheduled for later in the session in search of new indicators about the timing of a rate hike. On the Comex division of the New York Mercantile Exchange, December gold rose for December delivery rose 1.00 cents, or the equivalent of 0.09%, to trade at $ 1.097.70 an ounce European morning trading. A day earlier, gold fell 20 cents, or the equivalent of 0.02%, to close at 1.096.70 futures fell to their lowest price in five and a half years at $Read More →

Step by step .. let you know how to invest in gold bullion

When you see the pictures in the economic programs of workers who transfer gold bullion you are wondering: Do you invest in gold bullion that I can? Do check and that the way the super-rich? And it is available for individuals to obtain and invest in gold bullion, or is it the preserve of governments to be just reserves, which no one knows the answer is that many gold bullion available to everyone, and is a safe haven for investment. Before going into the steps to invest in gold bullion, should offer specifications real gold bullion, gold Valsbakh is a piece of high-purity gold, madeRead More →

With the stock market changes, and weak economic performance, many investors were interested in the idea of ​​investing in gold itself issued after gold headlines following a drop in its price. Gold prices suffered because of their link to the dollar as the US dollar has increased strength against other currencies when the dollar increases, less than the price of gold. Always talking about the need for investors to have a diversified portfolio to help them protect themselves against the fall of the stock and the loss of money. In gold in this case the forces of investment, where the gold is associated negatively withRead More →

Easily ?

Generally buy top buyers of gold and institutions of the big banks. And London are instant global market for gold as the center is settled trading at about $ 20 billion through the settlement system in the London daily. To avoid the risk of cost and security risks not being transferred usually gold, and transactions are settled through paper transfers. Another key Instant markets for gold are: India, China, and the Middle East, Singapore, Turkey, Italy, and the United States. 2. futures markets: Investors can also enter the market through the futures exchanges; as investors trading contracts to buy or sell a particular commodity atRead More →

Gold prices continue to decline, where it touched intraday high of $ 1085.90 an ounce and this with the release of both positive US data, existing homes for the month of June sales, which were better than expected and the past, and on this basis the US dollar index to rise by 0.42%, indicating support who gets it to rise against major currencies and commodities task. The experts Vkano may Oharo earlier in the day that the fall in gold prices to below $ 1086 gives the signal for the further decline and the continuity of the wave of negative, however, prices may tend accordingRead More →

Gold approached its lowest level in five years on Tuesday, with expectations of more losses in the coming months in the wake of a wave of sell-off on Monday where bettors investors sold on falling prices about 33 tons of the yellow metal in just two minutes. And broke the sudden sell-off in Shanghai and New York, where dealers launched a wave of sell orders within one minute after a short period of open Shanghai Gold Exchange. Within another minute deals completed to pay US Gold futures drop to $ 48 to $ 1080 per ounce (an ounce) registered the weakest level since February 2010.Read More →