Tuesday, April 2, 2013

DailyMarkets.com - Gold Sinks On Ebbing Demand Cues, Crude Oil Vulnerable

DailyMarkets.com - Gold Sinks On Ebbing Demand Cues, Crude Oil Vulnerable


Gold Sinks On Ebbing Demand Cues, Crude Oil Vulnerable

Posted: 02 Apr 2013 06:22 AM PDT

Gold prices are sinking amid signs of unraveling investment demand. Crude oil may fall if US Factory Orders data falls short of expectations.
Talking Points

Gold Prices Plunge on Signs of Ebbing Investor Demand, Silver Follows
Crude Oil, Copper at Risk on Possibility of Soft US Factory Orders Data

Gold prices are facing heavy selling pressure amid evidence of slumping investment demand. SPDR Gold Trust – the largest bullion-backed ETF – reported overnight that its holdings fell 4.21 … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Forex Trading:

Posted: 02 Apr 2013 05:42 AM PDT

Economic News
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Technical News
The Wild … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Sense On Cents Will Return

Posted: 02 Apr 2013 05:32 AM PDT

Due to a mix of various appointments and obligations, your resident writer will return next week.
For those who care to utilize this break to navigate the various links here at Sense on Cents, I hope you find them to be informative and reason to visit the site for more than just the regular commentary.
Have a great week and as always . . .
Navigate … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Russia Holds Key Rate, Cuts Long Rates, Concern For Growth

Posted: 02 Apr 2013 04:26 AM PDT

  Russia’s central bank held its benchmark refinancing rate steady at 8.25 percent, but trimmed some of its long-term liquidity provision rates and underlined its concern over slowing economic growth, a clear signal that it is getting ready to ease its policy stance.
    The Bank of Russia, which raised its refi rate by 25 basis points in 2012 but is facing pressure to cut rates to boost growth, acknowledged that inflation remains above its target and this could fuel inflation … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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