Quantcast
HomeNews Newsdetails
Submit your e-mail to get CommodityOnline Advisory and news daily!

Last Updated : 04 October 2012 at 18:15 IST

Gold prices inching towards $1800 mark

  • 0

The ECB has left the interest rates unchanged at record low of 0.75%. This has boosted Euro and weakened dollar raising prices of gold.

When the silver inventories are high—suggestive of depleting demand from industry qu...
Similar to that of Bernanke, Bank of England Governor Mervyn King's comments too can ..
In a very general sense, the producers will benefit much more quickly from a rebound in th..
Trading-tips
  • Commodity
  • |
  • Advise
  • |
  • Entry
  • |
  • Agency
  • Commodity
  • |
  • Contract
  • |
  • Trend
  • |
  • Pivot Point
  • NCDEX Sugar bearish on profit taking
  • On Wednesday trade, sugar rose to a high of 3093 Rs/qtl at 12.30 pm IST and is expected to trade negative in the near term. Support is at 3111, 3122 levels and resistance at 3032 & 3018, analyst said.
  • read more
Fundamentals
  • Japan's trade balance falls -0.82T in May
  • Japan’ trade balance fell less-than-expected last month, official data showed on Thursday.<..

  • More >>
  • Astrology
  • Sun can push Crude Oil down any time: Astromoneyguru
  • By Col. Ajay
    As per financial astrology, transit OD Sun in Saturn house is ..

  • More >>
  • LONDON(Commodity Online): Gold prices on the Comex are inching towards $1800 levels as the ECB President Mario Draghi is convening the press meet. Currently the figures are at $1790. The ECB has left the interest rates unchanged at record low of 0.75%. This has boosted Euro and weakened dollar raising prices of gold. At one point the gold prices touched $1797.2.

    Silver on the Comex crossed $35 at one time and was seen trading at $34.785 a gain of 0.09 dollars. 

    The markets look to be highly volatile as the ECB press meet continues. 

    Add Your Comments

    Post to twitter
    Post to facebook
    Comments