Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


23.07.2013 15:22

Gold stabilized near month high

Gold prices are close to an award-month high the day before, with the support of the weak dollar and purchases in China.

In July, gold can rise by more than 8 per cent, which would be the best indicator for 1.5 years.

Prices have risen by $ 150 recorded on June 28 three-year low of $ 1.180,71, as the U.S. Federal Reserve announced that it would begin reducing incentives only when convinced that it will not hurt the economy.

India, the world's largest consumer of gold, this year raised the import duty on precious metals in an attempt to reduce the trade deficit. At the same time, dealers mark stable buying in China and the growth of premiums on the Shanghai Gold Exchange, where prices are about $ 20 per ounce above the spot price in London.

From the beginning, gold fell by 20 percent, showing the worst result since 1997. Reuters poll of analysts have lowered forecasts average annual prices for gold and silver in 2013 and predicting low prices for 2014.

The cost of the August gold futures on COMEX today is trading in the range of $ 1325.60 - $ 1337.80 per ounce.

23.07.2013 15:44

Oil fluctuated

Market Focus

  • U.S. commercial crude oil inventories decreased by 2.5 million barrels from the previous week
  • Canada: Retail Sales, m/m, November 0.2% (forecast 0.5%)
  • U.S.: Nonfarm Payrolls, January 227 (forecast 175)
  • Eurozone: Consumer Confidence, January -4.9
June 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

Quotes

All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • © 2011-2017 TeleTrade-DJ International Consulting Ltd

    TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

    The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

  • The information on this website is for informational purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

  • TeleTrade cooperates with SafeCharge Limited, which is an electronic money institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and Visa Europe. We also cooperate with Moneybookers and Neteller, which offer electronic e-wallet services authorized and regulated by the Financial Conduct Authority.

    Please read our full Terms of Use.

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    TeleTrade-DJ International Consulting Ltd currently does not provide its services to residents or nationals of the USA, and also doesn't provide retail Forex and CFD accounts to residents or nationals of Belgium.

Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page