Serving Intelligent Investors
Russia’s gold and foreign exchange reserves rose to $522.4 billion in the week to March 22
from $520 billion a week earlier, central bank data showed on Thursday.
The central bank provided the following figures (in billion dollars):
Latest week 522.4
Previous week 520.0
End-2012 537.6
NOTE – The reserves include monetary gold, special drawing
rights, reserve position at the IMF and foreign exchange.
Gold above 1180/oz Gold XAUUSD is trading again in positive territory today for ninth session in the last eleven. US Dollar retracement was seen benefiting dollar-denominated commodities. The price is trading above the 50h MA […]
Gold today found support in the 100h MA and now it is trading between the channel of 50h and 100h MA. Looking at the daily chart we can see that the metal is finding resistance […]
Gold futures rallied to an 11-week high on Friday, after disappointing U.S. new home sales data dampened speculation the Federal Reserve will begin to taper its bond-buying program as early as September. Moves in the […]
