Gold and silver see-sawed as at first panicked commodity

As anticipated gold and silver rallied yesterday afternoon in the wake of renewed aversion to risk as concerns over an imminent Greek debt default weighed on market sentiment. US consumer price data also helped, with slightly higher than anticipated figures keeping fears over rising global inflation alive. Slightly weaker-than-expected US industrial activity also contributed to increased aversion to risk.

Overnight, gold and silver see-sawed as at first panicked commodity investors sold-off across the complex as crude oil prices fell. Thereafter, the gold and silver quickly regained these losses as the markets regained composure.

Gold support is at $1,516 and $1,505. Resistance is at $1,537 and $1,546. Silver support is at $34.94 and $34.29, resistance is at $36.12 and $36.64.


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Malaysia Gold Investment

I found Gold Investment in Malaysia is a vary good tools to make profit when the market is down. I also found that Gold Price go up and down more slower compare to share market so to make money in long term, Gold is the right tools. This blog is all about Malaysia Gold Info and the way to make profi

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