Skip to main content

Gold prices rose amid market pressure

gold prices to rise further, gold prices go up,


Allinformation.com- Gold prices crept higher on Friday (11/07/2014), after the previous day's price dropped to its lowest level in four years after the tempting buyers back into the market and the strengthening of the dollar to profit taking.


Spot market gold price rose 0.3 percent to US $ 1,144.30 an ounce, where trading was muted investors await the release of data on non-farm payrolls.



Earlier, the price of gold hung low levels to US $ 1,137.40 an ounce, its weakest since early 2010.



While US gold futures for December delivery closed down 0.3 per cent to US $ 1,142.60 an ounce after approaching lows in 4 years at US $ 1,137.10 an ounce.




"We are holding steady today, but nobody wants to make a big step forward tomorrow morning. If there is a positive number, they (bears) can take it," said Paul Sacks, gold traders at Aurum Options Strategies in New York.


gold prices to rise further, gold prices go up,




Reports of non-farm payrolls could be said of raised expectations that the Federal Reserve will move to tighten monetary policy before other major central banks, the which can further suppress gold.

Comments

Popular posts from this blog

Game POU present in WindowsPhone

Allinformation.com-  Virtual pet games already popular on iOS and Android, Pou, eventually to users based on Windows Phone devices. Previously, a similar application Tamagotchi game is also briefly present to users based BlackBerry devices. Application pets is provided for the user's start Windows Phone handsets via the Windows Phone Store. As quoted from page Phone Arena, thursday(1/1/2015). Not much different from the existing Pou on other mobile platforms, the handset is powered by Microsoft's mobile operating system, users will be able to invite Pou play, feed, change clothes and buy accessories. There are also features to compete directly with their own friends through Pou Pou mini-game battle vs, where users can play this game more exciting. To enjoy this feature, users must be connected to WiFi, Internet or minimally connected Bluetooth. Number of downloads in Andorid Play Store that has reached 100 million downloads should be easier for the owner Pou int...

Google glasses will use Intel processors

Allinformation.com-  Although controversial because they interfere with privacy, Google will continue smart glasses project, namely Google Glass. Previously, Google uses artificial ARM processor manufacturer Texas Instruments Inc. for smart glasses, including a version that was first launched. Technology companies Intel origin of Santa Clara, California, USA, will be the supplier of electronic brain or processor on the latest Google Glass smart glasses in the hope of presenting a different performance than previous versions. According to a report in The Wall Street Journal, Intel will replace the processor production Google Glass previously made by Texas Instruments. Step Intel processor that supplies Google Glass is taken to encourage the expansion of the market into wearable devices. Together with Intel, Google Glass will be introduced to various companies and hospitals, while creating solutions and professions that could be possible to use Google Glass. Kevin...

Honda officially released honda grace hybrid technology

Allinformation.com-  Honda Motor started selling all-new sedan Grace in Japan on december 1, 2014. The car uses the same platform as the Honda Jazz and hybrid engine. Although compact, this medium has a spacious cabin space so that it can carry five people, including the driver. Even at one of its variants the front passenger seat can be rotated so that it can deal with the rear passengers. The interior of the car looks wider than the previous version. This is possible thanks to the addition of axle spacing and shift the position of the rear seat closer to the trunk. To facilitate passengers in and out, the back door was made wider, in accordance with the addition of axle spacing. All new Grace equipped with technology Sport Hybrid i-DCD with a 1.5-liter gasoline engine with an electric motor. The driver can set the two driving modes, which fully uses two electric or hybrid engines and gasoline. Honda claims fuel consumption reached 34.3 liters per kilometer. One ...