Category: Latest Trading News

Replace dollar reserves with gold

In Latest Trading News

{lang: ‘en-GB’} The idea was presented recently by the World Bank President Robert Zoellick to introduce gold back in the monetary system, is simply too important to be ignored. The current reserve currency in the world, the US dollar, is showing all signs of weakness and instability in the value of the dollar reserves creates [...]

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Strong dollar still weigh on gold

In Latest Trading News

{lang: ‘en-GB’}The price of gold fell to lows not seen since November Wednesday reaches $ 1,361/oz before rebounding back up to $ 2,200. Gold fell from a high of $ 1,430 reached last week as strength in the dollar and gains to push the price of gold through the ages. European debt saga continues in [...]

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Robbers get away with US $ 750,000 worth of silver bars

In Latest Trading News

{lang: ‘en-GB’}A man who decided to store his precious metals in a vault in his home in Chilliwack, Canada, was robbed of US $ 750,000 worth of silver bars in broad daylight. This case, which was first published in about two weeks ago, shows that store large amounts of precious metals at home is a [...]

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Gold price reaches new peaks every

In Latest Trading News

{lang: ‘en-GB’}The price of goldcards reached a new all time for $ 447/oz on Monday. Euro and Sterling priced gold even reached new peaks at € 1072 and £ 907. Reverse gold and dollar correlation helped push gold originally by $ 1,400 as the dollar fell last week. Shortly afterwards the dollar began to stabilise [...]

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NMC group will aggressively expand business gold and jewelry

In Latest Trading News

{lang: ‘en-GB’}This weekend presented the u.a.e. new medical centre Group (NMC) plans to expand its business gold and jewelry with new branch openings in the Middle East and India. Seema Shetty, Executive Director of the conglomerate, told an Arabic media source that she was very optimistic about the further development of precious metals prices — [...]

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Sean Rakhimov prefer silver over gold

In Latest Trading News

{lang: ‘en-GB’}As the famous commodity strategist Sean Rakhimov told the “The Gold” Reporter “in an interview, the price of silver continued to climb in 2011. After it had already risen 83 percent last year, the small size and the high volatility of silver market lead to a further profit. While a year ago, was the [...]

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Soon 100 ounce Silver bars are sold out, “says Bill Haynes

In Latest Trading News

{lang: ‘en-GB’}100 ounce silver sold weeks, if not months, and are not available on all major precious metals traders in the United States, according to Bill Haynes in a King World News interview last Friday. No metal traders no longer accepts purchase orders from their customers, since they seem to have problems with storage on [...]

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JPMorgan sees huge supply deficit on copper market 2011

In Latest Trading News

{lang: ‘en-GB’}Copper market will show a supply deficit of up to 600 000 tonnes in 2011. This was an analyst at JPMorgan Securities presented yesterday at a Conference in Shanghai. In this context, it is not important if the global economy slows down again and demand drops its course. Many interruptions in mining led to [...]

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Growing Aluminium demand from China. Iron ore stagnant near record high

In Latest Trading News

{lang: ‘en-GB’}Demand for aluminum and other base metals will remain strong in the year 2011. This was forecast by Klaus Kleinfeld, CEO of Alcoa Aluminum Corporation, at a Conference in Riyadh on Monday. Prices was particularly driven by demand from China and other so-called BRIC countries. After China’s demand increased 21 percent last year, it [...]

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EU paves the way for new law to recovering Rare Earth minerals

In Latest Trading News

{lang: ‘en-GB’} After Japan’s Government decision on the recovery of rare earth minerals, the Commission announced late last week that it would consider similar action in the future, reports the New York Times on Friday. The main problem with many industrial countries are derived from their great dependence on rare earth minerals import from China, [...]

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The Elevation Group UK - A hub for residents living in the UK

Having benefited from the invaluable lessons learned from The Elevation Group since it launched on October 20th 2010, it has become clear that the kind of information being disseminated was of great value.

With the official hub being centered in the US, I felt that creating a UK hub could be of some value.