Saudi gold traders fight high prices and foreign investors

Saudi gold traders fight high prices and foreign investors
The traders also object to the inequality between Saudi traders and foreign investors in the gold market. “The gold sector still suffers from high prices, which lead to the dismissal of large numbers of employees and the shutdown of many gold shops,” …
Read more on Arab News

Was Friday's Price Action in Gold Signaling a Top in the S&P 500?
Another potential indicator that the dollar could see higher prices in coming days was the largely unnoticed bearish price action on Friday of precious metals. Both gold and silver have been on a tear higher over the past several weeks.
Read more on Minyanville.com

Gold slips on faltering Greek talks
Gold prices fell on Monday, after the dollar rose on a continued lack of progress in the Greek bailout and a better US economic outlook added to the bullion profit taking seen during the previous session's sharp drop. Gold largely tracked losses in US …
Read more on Sydney Morning Herald

Gold prices for Monday
The Gold Traders Association this morning set the buying price at 24983.68 baht per baht-weight for gold ornaments and 25350 baht per baht-weight for gold bar. The selling prices were set at 25850 baht per baht-weight for gold ornaments, and 25450 baht …
Read more on Bangkok Post

Comments are closed.