Friday, September 16, 2011

Gold above $ 1800 in the coming weeks

Heading for the gold market in the coming weeks to the price of a new record above $ 1800 an ounce, as investors' confidence in gold and decision-makers to take desperate measures to stabilize the economy.
As a result of investors to buy foreign exchange to coincide with the Swiss National Bank's decision to link the franc to the euro
The impact of this in the price of gold, which led to the circulation of gold at a price less than or greater than U.S. $ 50 in several minutes and this is what happened during the past weeks.
However, there are indications that the gold makes the re-rise are:
- Some countries of the euro zone and the debt crisis that swept through Greece, Portugal and Ireland and now threatens to Italy and Spain.
- United States of America pledged to keep interest rates close to zero and buy trillions of dollars of government bonds.

Tuesday, September 13, 2011

The crash, which happened to gold as a result of Switzerland's decision to link its currency to the euro in the currency of the European Union

Switzerland's decision to link its currency to the euro in the currency of the European Union led to a decline in gold prices on Tuesday, causing shock in the global markets and the payment in Swiss francs to the landing, which made the price of gold against the franc, the biggest daily gain in three years. And the Swiss central bank said today that it sets the target for the exchange rate at SwF 1.20 against the euro and the courts will impose through the purchase of unlimited amounts of foreign currency.
The Swiss franc fell more than 7% against the dollar and by more than 8.5% against the Euro while the franc-denominated gold more than 7%
The price of gold in the spot market 0.5%, after rising earlier in the day to a record 1920.30 dollars an ounce, fell Silver 1.4% to 42.28 dollars an ounce, down platinum 0.9% to 1864.35 dollars an ounce, while stabilized palladium at approximately 761.38 dollars an ounce.

Wednesday, September 7, 2011

Recipes and uses of gold purification


Recipes of gold
Gold is considered one of the most viable types of metal for roads and clouds, where you can hit him or his ways, even up to a density of 0.000013 cm and gold is very inert metal which is not affected by air or heat or humidity. It does not dissolve in acid concentrated mineral known, such as hydrochloric acid, sulfuric, phosphoric and nitric, but dissolves in aqua regia, which is a combination of acid, hydrochloric and nitric centers where the liberated chlorine nascent Iveb gold and there are acids other influence in gold, such as acid Altmartik and chloride iron hot and other
Purification of gold
Purification of gold to separate dust and other impurities by water currents strong to remove the minutes of sandy and alluvial, and keep minutes of gold in place due to the high density of gold has been used mercury to dissolve gold without the sand and silt and then finds the gold from the mercury by distilling the latter also draws gold presentation at the mining of copper, silver, and there are methods of chemical to extract the gold, which is pulled by way of cyanide, or silver alloys dissolve in concentrated sulfuric acid, and purification are gold with nitric acid first, then the electrolysis
Uses of gold
The beauty of gold and luster, and its resistance to corrosion of metals has made him unique in the various arts and crafts since ancient times
Use gold as currency and the basis for international financial transactions and the unit used in the weight of gold is an ounce, equivalent to 31.1 grams is also used as a reserve currency was gold and silver are used used directly Currencies During the nineteenth century, played a gold a new role where he became the only basis for the currencies of most countries in the world where it can be converted securities to gold, since the seventies of the twentieth century, the gold is sold and bought in the market prices fluctuate greatly, and became the relationship between gold reserves and the value of currency is a direct relationship to a large extent
Gold is also used also in the form of chips in the paint with gold writing and gold and gold derivatives are used in a color glass red and potassium cyanide is used with added gold in the gold plating process that is electrically
As well as gold is used in medicine because it is proven that it is compatible with the organs of the body of living it is used in dentistry, and pharmaceutical packaging. Also used radioactive isotopes of gold in biological research in the treatment of cancer
And uses the bulk of the gold produced in the currency and jewelry and to meet these purposes, mix gold metals other up to the hardness required and reflects the gold found in this mixture carat and contains gold used in jewelry industry for copper and silver, while a white gold, zinc, nickel or metals of the platinum

Thursday, September 1, 2011

Advise me when invested in gold

In light of the continuing rise of gold due to the most of the investors for investment security in gold in times of uncertainty in the light of political turmoil or economic, financial or investment, in addition to financial market turmoil and as a means of lonely against inflation and against the weakness of paper currencies and a significant drop in interest rates. It has reached gold prices to 1834 dollars per ounce on 31.08.2011 .
Gold has benefited from the negative effects of the global financial crisis and the problem of sovereign debt, whether in Europe or the United States and the explosion of a bomb reduce the credit rating of the United States the largest economy in the world and the most important international currency led to a rise in the price of gold so that was not subjected gold during the last ten years for any severe blows or Corrections painful and the continuous rise in prices has contributed to expanding the base of investors and speculators for gold which exceeded their purchases of gold consumer purchases for the first time in three decades at the global level, especially after the establishment of several funds, gold in circulation and which has become the sixth largest owner of gold in the world after the central bank is no doubt that continuing interest rate cuts for two more years at least to help the U.S. economy which is growing at a rate weaker than expected also contributed to rising demand for gold in the hope of capital gains from higher price.
When are you invested in gold
There are two opinions:
1- expect some investors and speculators during the year that the cycle of rise of gold will continue in light of expectations of a recession or a global economic slowdown and the continued uncertainty in addition to the reduced credit rating of the United States and expectations of reduced ratings to countries other important open for the unknown, and the political unrest feed the global uncertainty factor and the high level of uncertainty with the expectations of a further decline of the dollar exchange rate and this, and if they see that the best investment in gold in the remainder of 2011
Second opinion:
2- Expect some investors and speculators during the year that the cycle of rise of gold may end at any moment after the record rise in prices for gold as the gold it cycles up and down, especially if improved performance of the global economy has been resolving sovereign debt problems which may take a period of time is short, and the bursting of the bubble may cause heavy losses for investors who invested in gold in 2011.