Economic Scene
Dropped gold today with a wave of profit taking and the wide range of investors in anticipation of the outcome of the report of the meeting of the Fed last, while reducing Federal officials of the importance of needing the central banks of the completion of pumping more money into the market to buy government debt to revive the economy, which Siwkdh or deny the report financial policies of assessments for the meeting of the Central Bank of the latter.
Gold had opened the dealings of the day at $ 1,353.80 so high, $ 1,355.17 before falling to the level of $ 1,340.58 and closed slightly higher at $ 1,350.13 amid trading volatile and weak relative to the volume of applications, which is involved with it when the price of silver fell to $ 22.91 from the opening price at $ 23.27 before closing slightly higher at $ 23.30.
The head of the Central Bank of Kansas City, "Thomas Hoenj," and who opposed the year-round policy of financial facilities pursued by the Board, has announced his position today and said that any facilities of a new financial will be useless and may lead to spark inflation, while the said "James Pollard," Branch Chief Central Bank of the City of St. Louis on Friday that the Fed will face a difficult decision about whether to continue pumping in money to revive the market which is growing slowly.
The dollar was completed today, rising for a second day in a row against the euro and a basket of currencies with the increase in the number of investors who are convinced that the recent dollar decline was exaggerated in a short time, with expectations Bartdadh announced if the Fed for not providing more facilities.
However, still many analysts expect that gold did not end the rise, despite the patch which is going through, the report showed a bank, "Goldman Sachs" the latter that the slowdown in economic growth with the possibility of the existence of a second round of those extended and liquidity have changed the expectation of future prices of gold during the year next to the $ 1,650 an ounce from $ 1,365 signed by the former
Gold had opened the dealings of the day at $ 1,353.80 so high, $ 1,355.17 before falling to the level of $ 1,340.58 and closed slightly higher at $ 1,350.13 amid trading volatile and weak relative to the volume of applications, which is involved with it when the price of silver fell to $ 22.91 from the opening price at $ 23.27 before closing slightly higher at $ 23.30.
The head of the Central Bank of Kansas City, "Thomas Hoenj," and who opposed the year-round policy of financial facilities pursued by the Board, has announced his position today and said that any facilities of a new financial will be useless and may lead to spark inflation, while the said "James Pollard," Branch Chief Central Bank of the City of St. Louis on Friday that the Fed will face a difficult decision about whether to continue pumping in money to revive the market which is growing slowly.
The dollar was completed today, rising for a second day in a row against the euro and a basket of currencies with the increase in the number of investors who are convinced that the recent dollar decline was exaggerated in a short time, with expectations Bartdadh announced if the Fed for not providing more facilities.
However, still many analysts expect that gold did not end the rise, despite the patch which is going through, the report showed a bank, "Goldman Sachs" the latter that the slowdown in economic growth with the possibility of the existence of a second round of those extended and liquidity have changed the expectation of future prices of gold during the year next to the $ 1,650 an ounce from $ 1,365 signed by the former
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