Several economic stimulus taken by some central banks in most of the world, providing initial gains for gold prices.
In order to reduce costs and meet the conditions of international aid package sovereign, Spain is considering the freezing of pensions and increase the retirement age. The increased interest in bullion has attracted more investors to Exchange Traded Funds, the largest gold ETF in the world, the SPDR Gold Trust said its holdings reached near the highest level since July 2010. Moreover, the net long positions of speculators and traders in gold futures and options U.S. rosy at the highest levels in nearly seven months last week.
Despite the induction of monetary stimulus from central banks of the U.S., the Eurozone and Japan, investors continued to worry about the prospects for global economic growth, dragging commodities and equities. s and concerns over economic growth in China refrigeration market remained under pressure. This week, while the focus of investors' confidence will be on U.S. data and the Euro Zone, durable goods orders and the final quarter U.S. GDP.
While wait the market to react you can ad this on your reading list:
How to Master the Basics and Become a Successful Commodities Investor
In order to reduce costs and meet the conditions of international aid package sovereign, Spain is considering the freezing of pensions and increase the retirement age. The increased interest in bullion has attracted more investors to Exchange Traded Funds, the largest gold ETF in the world, the SPDR Gold Trust said its holdings reached near the highest level since July 2010. Moreover, the net long positions of speculators and traders in gold futures and options U.S. rosy at the highest levels in nearly seven months last week.
Despite the induction of monetary stimulus from central banks of the U.S., the Eurozone and Japan, investors continued to worry about the prospects for global economic growth, dragging commodities and equities. s and concerns over economic growth in China refrigeration market remained under pressure. This week, while the focus of investors' confidence will be on U.S. data and the Euro Zone, durable goods orders and the final quarter U.S. GDP.
While wait the market to react you can ad this on your reading list:
How to Master the Basics and Become a Successful Commodities Investor
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