China's tighter monetary policy will hit demand and that will take out pressure on consumption side. |
Downward pressure on the US dollar is the main reason behind gold's rally. If you have worries about the imbalance, you would want to hold gold. |
Gold could move up from the $562 where we stand at the moment. I would be surprised to see a massive increase in prices, but a slow creep up towards just below $570 would be on the cards this week. |
Gold could move up from...where we stand at the moment. I would be surprised to see a massive increase in prices, but a slow creep up towards just below $570 would be on the cards this week. |
I would be surprised to see a massive increase in prices, but a slow creep up towards just below $570 would be on the cards this week. |
It's good news but it's not really news. |
It's not always a one way street. After prices went up strongly, they consolidated a little bit on Friday. |
It's the old story again; gold is being bought as a safe haven asset. |
Over the last two days, it's been geopolitical happenings that have supported gold prices. Iran and Palestine are focal points. |
Over the last two days, it's been geopolitical happenings that have supported gold prices. That China and Russia are supporting Iran's referral means the international community is taking it seriously. |
The broader picture here is that this will strengthen the health care system in Massachusetts in a number of ways. You will have a much more rational structure for financing the system. |
The dollar adds to the general environment we've seen in the past few weeks, which is a short-term correction. |
The outlook for the exchange rate will not improve significantly going forward. If the Iran situation doesn't improve, then you should have further upward pressure on gold prices. |
There's a lot of fund buying going on and new money flowing in to the sector. |
This is an important week for the dollar, and consequently for gold. The market is looking for direction; it's been quite volatile lately. |