Tag: Gold Trading

  • Daily Report For Gold 6/12/2013

    Daily Report For Gold 6/12/2013

    Daily Report For Gold 6/12/2013
    Daily Report For Gold 6/12/2013

    Gold prices steadied in early trading in anticipation of the U.S. jobs report at the time that it may tend to achieve lower prices weekly until now .

    Gold prices traded around levels of $ 1,230.15 an ounce after that opened at levels of $ 1225.19 an ounce and has achieved the lowest so far at $ 1,224.13 and $ 1,233.80 highest so far .

    Good data over speculation in the markets that the Fed will move to reduce the quantitative easing policies valued at $ 85 billion dollars a month . Especially as the U.S. economic data is the prime mover for the construction of expectations because the bank noted in more than one occasion that the decision to quantitative easing policies based on economic data and the extent of improvement in the U.S. economy .

    Yesterday, data showed U.S. economic growth in the third quarter better than expected and within the best level since the first quarter of 2012 , while the private sector added jobs for the better than expected .

    Today all eyes are moving to the monthly jobs report and forecasts suggest the economy in addition to about 180 000 jobs in November earlier.

    Gold prices lost an average of about less than 25 % of their value since the beginning of this year, after data showed economic improvement globally and in the United States and start talking about the bank ‘s policies towards reducing quantitative easing , prompting the exit of investors from the gold markets in a manner large .

    Continued negative pressure on gold and improved U.S. data could push gold prices to $ 1,180.00 areas ounce , though markets have already priced U.S. data and influenced the movements in the gold markets .

    Gold trading higher level with strong support around $ 1224 /OZ. It constantly trading above this level, may push the pair to rise to 1230 dollars an ounce during trading today. In the case of a break of 1224 dollars an ounce down, it pushes the gold to drop to the line of the bullish trend.

  • Top Five Reasons For Gold Trading

    Top Five Reasons For Gold Trading

    Top Five Reasons For Gold Trading

    Gold trading is becoming more and more important for many reasons.Gold is more than just an inexpensive way to decorate your neck or fingers. Gold is used in dental coverage and as a conductive material will not be subject to erosion and help in the transfer of information in electronic form from one place to another.

    Gold is used in helping to build a spacecraft that need to be stronger and more durable materials. Even that gold is used in the medical aspects of treatment as part of the line for some forms of cancer and rheumatoid arthritis. But in addition to its uses concrete, gold is known as one of the most traded on the equivalent of a large scale, because it is considered historically safe investments and which are not prone to dramatic fluctuations based on market fluctuations or movements of any major currency.

    Fortunately, the trading of gold is not available for governments and financial institutions only, as it is an important option available to individual investors around the world, those who are looking for a way to take advantage of this asset safe. If you are not familiar with the benefits of trading gold, the thought of the following five reasons to buy gold.

    1- Inflation protection: In gold trading, the value of gold tends to rise with the increase in the cost of living, which means that it is protected from inflation. If thrown a quick look at the history of the U.S. stock market, you will see that in times of high inflation, fell Mair Dow Jones Industrial Average, while the cost of gold remained stable, if not higher than normal. Accordingly, anyone who has a concern about the impact of inflation on their investment returns him to think of investing in gold.

    2- Gold helps to diversify the investment portfolio: any decent financial adviser will tell you that it is very important to have a diverse list of assets in the investment portfolio. Although some people believe that diversity is calculated only when it is in the form of a mixture of stocks, bonds or CFDs or currencies, but gold trading is an excellent way to add a new dimension to the investment portfolio, and to add a bit of stability even in the province dangerous.

    3- Gold is immune to crises geopolitical: Although the currency values ​​and stock prices tend to fluctuate depending on the political climate in a particular country at a particular time, trading gold because it tends to resist such price changes dramatic, and that makes it a strong option for anyone with concerns that the state of the currency could be in danger or who has a concern that their currency may lose its value for any reason at the time that they desperately need.

    4- Limited production increases the value: Unlike currencies, where the leaders of governments to intervene by injecting more money almost immediately, the production of gold is a tedious process and you may need to years. In gold trading, for this reason, every few years there is no time exceed the demand for supply, leading to a rise in the value of gold.

    5- Gold has a history: Even a quick outlook on market patterns will indicate that all currencies fall dramatically at a time, and that global Equity markets fell as well. However, gold is a metal maintained its value since thousands of years. Gold is considered a valuable biblical time ago, and it remained until the present time. Although the price does not always rise, but gold has never tested a long-term decline in the value as is the case with all of the major currencies throughout history, including the U.S. dollar. For these and other reasons, too, the gold trading becomes more popular day after day.

  • Daily Report For Gold 7/11/2013

    Daily Report For Gold 7/11/2013

    Daily Report For Gold 7/11/2013

    Gold trading in the Asian market on Wednesday within a narrow trading amid anticipation that controls the investors ahead of the European interest rate decision for the month of November, the statement ahead of the growth of the U.S. economy to the third quarter of this year.

    Gold ended trading yesterday on the rise by 0.5 percent, ending a wave of decline continued throughout the day seven consecutive days within a longer series of daily decline since middle of May.

    U.S. economy

    Awaits the U.S. economy important data will show how the economy ‘s need for the continuation of the Federal Reserve in the same stimulus policies unchanged for as long as possible .

    Where issued an initial reading of GDP for the third quarter is expected to grow by 1.9 percent from 2.5 percent the second quarter , and issued weekly jobless claims expected 336 thousand from 340 thousand for the previous week .

    The U.S. economy is also expected jobs report on Friday Non-Farm Payrolls for the month of October is expected 121 thousand jobs of 148 thousand jobs during September .

    And the current outlook for growth and jobs are in favor of the continuation of the same policies and stimulus to keep bond buying program estimated $ 85 billion dollars a month to a longer period may extend to next March by some economists ‘ expectations .

    Gold price is still trapped between the levels of 1300.00 and 1328.00, and waits for a strong incentive driven toward a clear path on the intraday and short term, the conflict continues between the SMA 50 negative and positive stochastic

    Trading range expected for today is between: Support Resistance 1290.00 and 1350.00

  • Advantages of Online Gold Trading | Gold Trading

    Advantages of Online Gold Trading | Gold Trading

    Advantages of Online Gold Trading | e-commerce

    Business these days, and also other people use the Internet extensively to do business, it is easy to do business transactions can also do it from home when you use the Internet. Another advantage you will not take Otelmus of the money in order to do business online. Therefore, the online gold trading of the easiest ways for electronic trading if you want to get a quick profit, plus you will be able to do business without use PHYSICAL money and will be able to do your job from home.

    There are also many advantages in the gold trade through the Internet and one of the main advantages is the stability of the price of gold, unlike the prevalence of gold prices, which fluctuate from time to time. Therefore, it is best to have financial security when trading gold rather than other commodities such as “FX”.

    Another advantage is that gold prices will not fall never down, In the case of landing will rise again in a short time difference better than dropped in the past, and this is the main reason for the rise in gold prices during the past few decades, and therefore, when trading gold via Internet chance of loss may be few. However, you should focus on your own gold transactions, given that the main reason there is not enough gold to meet global demand, and the income of people keep on increasing the price of gold, as he lies to rise only.

    Online trading in gold can be a 24-hour of the day, too, if you carry your computer and login to the Internet through it, you can play with your work from anywhere. This is a great feature where you can in gold prices fluctuate every hour.

    When you consider all these advantages it is a good idea to engage in online gold trading. If you kept yourself to know the affairs of the world you can achieve a successful business.
    Internet will provide you with the information crisis of the factors that could affect the price of gold. And your broker will give you the tools that allows you expect price fluctuations.