THE SPOT PRICE OF GOLD recovered two-thirds of yesterday’s 1.4% drop for US investors in London on Tuesday, but it dropped further against all other major currencies as the Dollar fell hard on the forex market. Read more….
London Gold Market Report
Source: feedproxy.google.com
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GBPUSD’s rise from 1.4948 extends to 1.5296
GBPUSD’s rise from 1.4948 extends to as high as 1.5296 level. Further rally is still in favor later today and target would be at 1.5400...
Investing in Africa’s Solar Energy Dawn
Investing in Africa’s Solar Energy Dawn by David Fessler, Investment U Senior Analyst Thursday, December 15, 2011 Barring any...
Forex and Financial Market Update 10 June 2009
If it wasn't for equities and commodities rallying back the last 30-minutes of Wall St. the higher-yielders in the Forex market would have been stuck on ... See all stories on this...
Pioneer Natural Acquires Carmeuse Industrial Sands Unit For $297 Million (PXD).mp4
Pioneer Natural (NYSE:PXD) announced that it was acquiring Carmeuse Industrial Sands unit in a deal valued at $297 million.Pioneer Natural expects...
Watch 952.85 level closely
Why is this level so important? 952.85 is 61.8% fibonacci retracement of the move from the 961.25 highs to 939.24. If it fails to break this level gold will collapse in the short term and test 935 and possibly lower. A close above the fib resistance will lead to a retest of the highs and if it...