Tag: Metals Commodity

Silver prices tumbled heavily for the first time in months with curb in speculations | Technical Analysis | Commodities Market

by Editor on May 3, 2011 in Investment Tips & Guides • 0 Comments

In the midst of Osama Bin Laden’s death, there were strong market reactions on Monday. It would seem that the 13% plunge of Silver on Monday trading to $42.20 an ounce earlier was the effect of the news. Sadly, this is only the partial trigger. Monday was the first full session after the increase in margin requirements. Initial margin requirements…

Gold to test recent highs with weakness in USD

by Editor on December 28, 2010 in Investment Tips & Guides • 0 Comments

See and download the full gallery on posterous With China raising interest rates, it is no one’s surprise that USD will be under some pressures. USD index to test lower brollinger band while gold to retest recent highs. Gold may hit $1500 once the triple top is breached. Follow us on: Share this article on: