News

USD continues to climb! Gold prices silver prices down!

Monday (December 29) gold and silver prices fell, erasing most of the previous day rise in silver prices also weakened, because of the strength of the US dollar and technical signals bad offset Greece the uncertainty of early elections.
Gold-1.1%, 1, $ 181.16, 1.8% jump on Friday.
dollar rebounded from earlier declines, the dollar index rose.
silver 1.7% to 15.74 dollars, reversing earlier gains, fell to $ 16 after the support extended losses.
for Christmas and new year holidays, the market volume was light. CME Group (CMEGroup) in the field of precious metals and base metals futures and options transactions were closed on January 1.
European stock markets mixed on Monday, Greece's stock market plummeted hit other southern European stock, so the first Greece Parliament rejected the Government's nomination of a presidential candidate is elected, Greece will hold early elections, which could affect the country's rescue plan.
2% drop in spot gold is going to be this year, silver was annual decline could reach 19%.
2-month United States Gold settled down $ 13.40 to $ 1,181 an ounce. $ 90.
world's largest gold exchange-traded fund (ETF) SPDR 0.08% less positions Friday at 712.30 ton six-year lows, highlighting the gold market bearish sentiment.
However, the Hong Kong Census and Statistics Department figures released Monday showed, in November by the monthly net inflow into the Mainland's gold in Hong Kong rose 27.7% rose for four consecutive months, from the highest level of net monthly inflow since February this year.
Platinum-1.2%, ounce 1,196. $ 75. Palladium fell 0.9% to $ 807.00 dollars an ounce. BACK
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