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.

No comments:

Post a Comment