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www.bforex.com: Gold Shines On

2011-07-27 94 Dailymotion

Gold has climbed to record highs as safe haven and speculative traders have both looked for the precious metal in an attempt to keep and profit.<br /><br />Whilst global equity markets have turned watchful, the unpredictability in the Forex and Commodity markets have been eye opening.<br /><br />The EUR, GBP, JPY, and AUD are at near term highs against the USD.<br /><br />Bad U.S. facts originated from New Home Sales and the S&P/CS Composite-20 HPI on Tuesday.<br /><br />Whilst simultaneously the German GfK Consumer Climate submitted a lackluster reading yesterday, the EUR continues to find some push. <br /><br />Core Durable Goods facts will come from the States today, even so the focus will still be the political congestion being witnessed in Washington D.C. associated with Debt Ceiling talks.<br /><br />Individuals have shown to be tense, but certainly have a taste for profit if they think the possibility is there and Gold is evidence of this.

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