Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Commodities, Stocks, and Indices
Latest Gold News
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="mariorot, post: 28305, member: 15659"] [b]Gold Prices Continue to Fall over European Debt[/b] The price of gold rose steadily this year, but has since falling to the same level as early January. Europe’s debt crisis isn’t going away, and political instability is on the rise in many countries. France has a new socialist government, Italy recently replaced theirs, and Greece’s parliament is deadlocked without a coalition ruling party. June gold futures dropped 1.5% to $1,560 and spot gold prices dropped 1.4% to $1,556. Initially gold had rose steadily in 2012 due to record low interest rates in Europe and the United States. Gold had rallied amid record-low interest rates from Europe to the U.S. The Federal Reserve has promised to keep rates at “exceptionally low levels” until late 2014. Gold prices have been floating below its 200-day moving average for several weeks now. This is a sign to technical traders that the price of gold can still fall further down. Gold call options betting on higher gold prices are at the lowest level since December 2008. [link removed] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…