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Gold Prices Fall for a 3rd Day as $ Bounces off December 2014-lows

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Gold prices fell for a 3rd straight session on Tuesday as the $ rebounded from over three-year lows chock final week, When Businessmen waited for the minutes of the latest Federal spare meeting for clues on the outlook for U.S. interest rates.Spot gold was drop 0.4 % at $1,341.20 an ounce at 0340 GMT.
Earlier, it fell to as low as $1,340.16, the lowest ever Feb. 14.U.S.
gold futures were drop one % at $1,342.90 per ounce, posting its biggest one-day fall in almost 2 weeks.The $ index, which measures the greenback against a basket of 6 currencies, was up 0.3 % at 89.397.
It fell to 88.253 final week, the lowest ever December 2014.The U.S. currency showed Symptoms of a bounce-back as some Businessmen purchased in after final week’s declines, though the gains on Tuesday were capped with growing worries which a hight fiscal deficit in the U.S. could disrupt the economy.The minutes of the January federal meeting going to provide key guidance for the $ & gold, told Helen Lau, an analyst at Argonaut Securities.
“The key driver going to be interest average hikes … the method fast & the method many times they could raise,” Lau added.The U.S. federal going to launch the minutes of its Jan. thirty to 31 policy meeting on Wednesday.

Comex Silver Speculators Turn around internet Bearish, Gold Prices Steady as Russia, Turkey Warn America Over Syrian ‘Fire’

GOLD & SILVER PRICES remembered steady on Monday morning in London against a rebounding America Dollar, write Steffen Grosshauser & Adrian Ash at BullionVault.
Just missing a 4-year every week closing high on Friday, gold prices started this 7 days at $1346 per ounce.
Also company against the Dollar, silver prices edged higher for Britain & Euro Businessmen on Monday.
Latest information from America regulators too display speculators Turning around internet negative on the metal in their derivatives betting final week.
That compares with 21 weeks of internet bearish betting on platinum & only twelve on gold, that final saw internet negative Comex betting with money managers in the 1st 7 days of 2016.

 

Gold Prices
Gold Prices

 

Gold Prices determine For Biggest every week earn ever April 2016

as mentioned in Gold prices held company on Friday to remember on track for their biggest every week percentage earn in almost 2 years, buoyed with a weaker America $ & as Businessmen looked to hedge against inflation.
Spot gold was largely unchanged at $1,353.51 an ounce, after touching a three-week high of $1,357.08 the session before.
The metal Information Systems up 2.7 % very far this week, determine for its strongest every week performance ever the 7 days of April 29, 2016.
US maker prices accelerated in January, boosted with powerful gains in the cost of gasoline & healthcare, offering further directory which inflation pressures are building up.
Polyus, Russia’s largest gold producer, posted a 7-percent promote in 2017 adjusted internet profit to $1.02 billion, the Corporation told on Thursday.

Gold Prices Near 4-Year every week High as $4 Trillion of America Debt Faces Bond Market

GOLD PRICES neared their top every week end against the $ in nearly four years on Friday, trading 3.0% up for the 7 days as the America currency expanded its down on the FX market.
Friday morning’s benchmarking auction in London determine the top AM gold value ever late January’s 17-month high, finding a balance of buying & selling request at $1358.60 per ounce.
An afternoon LBMA Gold value above $1354.25 would check bullion’s top every week end in America $ terms ever mid-March 2014.
Only 1 30 days ever 2012 has seen gold prices avert a down from four years’ formerly the time real 2-year America Treasury yields rose 1 percentage point or further across the same time-frame.
“In addition, some estimates propose which the America Fed budget cut deficit Information Systems on track to height to over $1 trillion in 2019.

Gold Prices
Gold Prices

 

Crude Oil, Gold Prices Biased Upward in Thin Holiday Trade

Talking Points:Crude oil prices echoed broad-based danger sentiment trends on Friday, oscillating in moves which mirrored the benchmark S&P 500 stock index & in the end finishing the day little-changed.
Gold prices corrected reduce as the America $ rebounded, undermining the appeal of anti-fiat alternatives.
GOLD TECHNICAL ANALYSISGold prices were rejected reduce on a analisis of resistance at 1356.23, the 38.2% Fibonacci expansion.
CRUDE OIL TECHNICAL ANALYSISCrude oil prices are attempting to safe a break above the 14.6% Fibonacci expansion at 61.64.
Major backing remembers at 57.25, the 38.2% Fib retracement, by a Turn around below which exposing the 50% threshold at 54.36.

 

collected by :Irax John

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