Precious Metals

Precious Metals

Monday 12 April 2010

As Dollar Fell Gold Increased in The Markets

According to Bloom-berg, due to the drop and fall in the currency - dollar, the demand for bullion as an alternative was needed; and that's the reason why Gold continued to go up for a sixth day, and this reached a four-month high. In Tokyo, Gold Futures reached the highest in almost 27 years.

At this time, the Dollar Index fell and decreased at 1.3%; this was the steepest loss since July 31. Also, the Precious Metal gained 0.7% when this event happened. As the euro reached the highest level in more than three weeks, the U.S currency began to weaken.

The immediate delivery in Gold rose 0.7% to $1,170 an ounce; this was the highest level since Dec. 4. And in Seoul it was at $1,164.50 at 3:20 p.m. Since September this change has gained for six straight days, and considered as the longest winning streak.

In February 2011, Delivery in Gold gained 0.5% on the Tokyo Commodity Exchange to 3,505 yen per gram ($1,165 an ounce); this reached the highest level since April 19, 1983. However, the contract closed at 3,498 yen.

Learn more about Trading Metals and Silver Future to get information and advices...
Source: Bloomberg.com

Friday 2 April 2010

Trading Metals - Trading Gold: Basic Things

For most investors and traders, Gold Coin is the most basic and easiest choice in Trading Gold. Maybe Trading Silver Future will be easier and safer than Trading Gold Future. And As we know that Trading Metals means that traders and investors have to bear their own risks, but with enough up-to-date information and useful tips and advices about Trading Precious Metals in Future Markets, the new traders and investors can reduce the risks and avoid the losses in Trading Metals. For new traders and investors, Gold Coins could be easily sold and bought. In addition, due to the properties of Gold, Gold Coins are guaranteed from the government. One of the most advantages of Gold Coins is that they are easily found anywhere online. However, there are some things in trading and investing in Gold that the new traders should remember. We should not go to the pawn shop to buy or sell Gold because it can cost us some extra money. And we have to pay for that. Gold Parties are not the good places for the new investors to deal with.
Learn more about Futures Contracts and some advices about Trading Gold through Futures Wiki...Also visit Crude Future to know the relationship between Crude Oil and Precious Metals...

Thursday 1 April 2010

Trading Metals: Future Contracts

As we know that trading Silver Future – Precious Metals in Markets – is easier than trading Gold due to the unique of Silver. And Trading Metals means that it will be complex and complicated option for trading and investing in Future Gold. Trading Gold may be risky when there is fluctuation in Prices of Precious Metals Markets. There are some options and choices for investors to consider before investing and trading Gold in Future Markets. First, it is Gold coins, for new traders and investors who don’t have any experience in trading Gold. This is an easy way for Gold investors to put their money into investing. The new traders and investors can start with this basic investment to have a good understanding about Precious Metals Markets by holding the Gold coin. Here is the sample for Future Contracts of Trading Gold.

Contract Size: 100 troy ounces.

Contract Months: All months.

Daily Price Limit: As of date of initial publishing, there were no daily limits; however, it is wise to consult exchange. Learn more about other commodities such as Crude Future, and Grain Futures through Futures Wiki...