Precious metal Commodity News Opening Trading Session this week: Gold price
trend-line was unable to sustain positive trending to open the first day of
trading this week. Ultimately, gold price dropped lower on the day and as of
end-of-day close for April contract, gold price finished at 1724.90 per troy
ounce. The dollar had gained versus the euro and this action added to the
pressure gold price trends experienced on opening day this week. Gold Platinum,
and Copper all experienced pressure and finished the opening session on the
negative side of break-even for the day. Copper contract for March delivery
dropped lower during the opening session by .95 percent and closed with a floor
price at 3.86 per pound. April delivery platinum finished the last session red
by .13 percent and posted a floor price at 1692.80 per troy ounce. Precious
metal Gold ETF News Opening Trading Session this week: SPDR Gold Trust ETF GLD
finished the opening session red. GLD posted lower by .27 percent, negative .46,
and posted at $167.18. Gold experienced a bit of a sell-off during the opening
session this week as investors moved to liquidate some holdings. Safe haven
appeal is still above average though for precious metal gold and gold price
trend-line outlook remains generally positive during the current time. Camillo
Zucari
Tuesday, February 7, 2012
Microsoft Corporation (NASDAQ:MSFT) To Expand Store Network
Microsoft Corporation (NASDAQ:MSFT) has scheduled the opening of a retail store
at Austins Domain shopping center. Microsoft Corporation (NASDAQ:MSFT) To Expand
Store Network Reports say that Microsoft Corporation (NASDAQ:MSFT) will open a
new retail store at the Domain shopping center in North Austin. It will be the
company's 16th store in the territory. This new opening is a part of the
company's plan to open 75 stores during the next two to three years. The
Microsoft Stores Facebook page, stated that, "the mission of Microsoft
Corporation (NASDAQ:MSFT)'s retail outlets is to be the customer's source
for the hottest new technology and best in personalized service. They can
test-drive, play with and explore all of our Windows 7 personal computers,
Windows Phone, Xbox and Kinect. Our interactive environment makes shopping for
your technology easy and fun". Microsoft Corp. (NASDAQ:MSFT) stocks are
currently standing at 30.20. Price History Last Price: 30.20 52 Week Low / High:
23.65 / 30.4 50 Day Moving Average: 26.98 6 Month Price Change %: 17.8% 12 Month
Price Change %: 9.4%
at Austins Domain shopping center. Microsoft Corporation (NASDAQ:MSFT) To Expand
Store Network Reports say that Microsoft Corporation (NASDAQ:MSFT) will open a
new retail store at the Domain shopping center in North Austin. It will be the
company's 16th store in the territory. This new opening is a part of the
company's plan to open 75 stores during the next two to three years. The
Microsoft Stores Facebook page, stated that, "the mission of Microsoft
Corporation (NASDAQ:MSFT)'s retail outlets is to be the customer's source
for the hottest new technology and best in personalized service. They can
test-drive, play with and explore all of our Windows 7 personal computers,
Windows Phone, Xbox and Kinect. Our interactive environment makes shopping for
your technology easy and fun". Microsoft Corp. (NASDAQ:MSFT) stocks are
currently standing at 30.20. Price History Last Price: 30.20 52 Week Low / High:
23.65 / 30.4 50 Day Moving Average: 26.98 6 Month Price Change %: 17.8% 12 Month
Price Change %: 9.4%
Gold Prices Dip as IMF Warns on China
GOLD PRICE NEWS – The gold price traded slightly lower Tuesday, falling $2.00
to $1,718 per ounce.
to $1,718 per ounce.
Todays Top Dow JOnes Industrial Average DJIA Index, Nasdaq Index, S&P 500 Trending News; Stock Market Investing News Today
Todays Stock Market DJIA, Nasdaq, S&P 500, Investing Economic Financial News:
One day after reaching relative highs, the Dow Jones Industrial Average, Nasdaq,
and S&P 500, were pressured lower. Increasingly higher levels of anxieties are
being experienced by investors worried about the global ramifications relevant
to the eurozone debt crisis. Futures for the DJIA, as well as the Nasdaq and the
S&P 500, posted red this morning and trending stayed negative through the
opening trading session. Primary indicators in the eurozone finished the day
red. The FTSE in the UK finished the opening session red by .15 percent. The DAX
finished the last session red by .03 percent and the CAC 40 closed red by .66
percent. This negative action spilled over into the U.S. and the primary indices
paralleled this action. DJIA, Nasdaq, S&P 500 Index Trends: The Dow finished the
day lower by .13 percent at 12,845.13. The Nasdaq closed the session red by .13
percent at 2,901.99. The S&P 500 finished the day lower by .04 percent at
1,344.33. Lack of a clear path leading to the austerity measures Greece
desperately needs affected trends on a global scale. The potential risk of
disorderly default for Greece is holding investor sentiment hostage. Investors
will have eyes and ears open for additional news posts during todays session.
Futures for the primary indices in the U.S. were posting red across the board
prior to opening bell today. The DJIA futures were negative by .05 percent.
Nasdaq futures were negative by .05 percent and the S&P 500 futures were red by
.02 percent prior to opening today.
One day after reaching relative highs, the Dow Jones Industrial Average, Nasdaq,
and S&P 500, were pressured lower. Increasingly higher levels of anxieties are
being experienced by investors worried about the global ramifications relevant
to the eurozone debt crisis. Futures for the DJIA, as well as the Nasdaq and the
S&P 500, posted red this morning and trending stayed negative through the
opening trading session. Primary indicators in the eurozone finished the day
red. The FTSE in the UK finished the opening session red by .15 percent. The DAX
finished the last session red by .03 percent and the CAC 40 closed red by .66
percent. This negative action spilled over into the U.S. and the primary indices
paralleled this action. DJIA, Nasdaq, S&P 500 Index Trends: The Dow finished the
day lower by .13 percent at 12,845.13. The Nasdaq closed the session red by .13
percent at 2,901.99. The S&P 500 finished the day lower by .04 percent at
1,344.33. Lack of a clear path leading to the austerity measures Greece
desperately needs affected trends on a global scale. The potential risk of
disorderly default for Greece is holding investor sentiment hostage. Investors
will have eyes and ears open for additional news posts during todays session.
Futures for the primary indices in the U.S. were posting red across the board
prior to opening bell today. The DJIA futures were negative by .05 percent.
Nasdaq futures were negative by .05 percent and the S&P 500 futures were red by
.02 percent prior to opening today.
Can We Predict Future Gold Price via the U.S. Money Base?
I have already referred to the relation between the expansion of U.S. Monetary
base and the development of gold price. As the U.S. Monetary base expands, the
price of gold tends to rise as well. Can we use this relation to learn more on
the future development of gold price?
base and the development of gold price. As the U.S. Monetary base expands, the
price of gold tends to rise as well. Can we use this relation to learn more on
the future development of gold price?
#Turkey: going for #gold
Gold mining and production in Turkey has significantly increased over recent
years and now even has a total of six companies active in gold mining, according
to a report from the Daily News in Turkey. The potential for Turkey to be a
leading gold exporter is huge and this needs to be realized by the rest of the
world. One of the companies, Alamos Gold will be participating at the Turkey
Mining Summit 2012 , this June in Istanbul. Han Ilhan , Vice President of
Projects for Alamos Gold will be delivering a keynote address on the increasing
demand for domestic gold mining in Turkey. The event, under the Official
Patronage of His Excellency Taner Yildiz , Minister of Energy and Natural
Resources, Ministry of Energy and Natural Resources, Turkey , will be bringing
together hundreds of regional and international mining companies, investors and
government officials to discuss why Turkey is a dynamic mining destination,
elaborate on successful mining projects and debate the top performing
commodities – of which gold will certainly be a hot topic. For more
information contact sally.fleming@terrapinn.com
years and now even has a total of six companies active in gold mining, according
to a report from the Daily News in Turkey. The potential for Turkey to be a
leading gold exporter is huge and this needs to be realized by the rest of the
world. One of the companies, Alamos Gold will be participating at the Turkey
Mining Summit 2012 , this June in Istanbul. Han Ilhan , Vice President of
Projects for Alamos Gold will be delivering a keynote address on the increasing
demand for domestic gold mining in Turkey. The event, under the Official
Patronage of His Excellency Taner Yildiz , Minister of Energy and Natural
Resources, Ministry of Energy and Natural Resources, Turkey , will be bringing
together hundreds of regional and international mining companies, investors and
government officials to discuss why Turkey is a dynamic mining destination,
elaborate on successful mining projects and debate the top performing
commodities – of which gold will certainly be a hot topic. For more
information contact sally.fleming@terrapinn.com
Monday, February 6, 2012
Gold & Silver Prices – Daily Outlook February 7
Gold and silver prices started off the second week of February with little
changes. The financial community is waiting in anticipation for the results of
the Greek negotiations; these negotiations might affect the direction of the
Euro and consequently may also influence precious metals prices. But up to now,
the negotiations didnt influence the forex markets. Currently gold and silver
prices are decreasing. Today, Chairman Bernanke will testify in the Senate and
the German Industrial Production report will come out.
changes. The financial community is waiting in anticipation for the results of
the Greek negotiations; these negotiations might affect the direction of the
Euro and consequently may also influence precious metals prices. But up to now,
the negotiations didnt influence the forex markets. Currently gold and silver
prices are decreasing. Today, Chairman Bernanke will testify in the Senate and
the German Industrial Production report will come out.
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