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JAKARTA, Make Money Blogs - Gold prices touched another record last night. The contract price of gold on the Comex, New York, for delivery in December at 10:06 pm was briefly rose to the position of 1758.8 U.S. dollars per troy ounce. This is the highest level since March 2009 or have already jumped 0.85 percent from the previous position in the closing days of 1743 U.S. dollars per troy ounce.
Adil torches Wicaksono, Asia Kapitalindo analyst, said the decision of The Federal Open Market Committee (FOMC) kept interest rates at 0.25 percent level instead tend to reinforce the desire to hold gold as market participants consider the greenback currency yield is small.
Even the torch predict, there is a possibility the U.S. will cut its benchmark interest rate as that of Japan in 2008. "Markets still hit by fears of global economic circumstances," he said.
In addition, the riots in London, England are poised to trigger the price of gold continued to bullish. Therefore, in this week, gold could potentially reach 1800 U.S. dollars per ounce trouy with the support in 1715 U.S. dollars per ounce trouy. Currently, the level of 1700 U.S. dollars per ounce is trouy psychological level for gold. Torches also recommend if the price of gold has been in 1,700 U.S. dollars per ounce trouy, is the perfect time for the decision to buy or level best price for buy.
Meanwhile in Precious Metals, today gold price pegged at Rp 535.00 per gram. (Dyah Ayu Kusumaningtyas /Kontan) source: kompas.com
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Adil torches Wicaksono, Asia Kapitalindo analyst, said the decision of The Federal Open Market Committee (FOMC) kept interest rates at 0.25 percent level instead tend to reinforce the desire to hold gold as market participants consider the greenback currency yield is small.
Even the torch predict, there is a possibility the U.S. will cut its benchmark interest rate as that of Japan in 2008. "Markets still hit by fears of global economic circumstances," he said.
In addition, the riots in London, England are poised to trigger the price of gold continued to bullish. Therefore, in this week, gold could potentially reach 1800 U.S. dollars per ounce trouy with the support in 1715 U.S. dollars per ounce trouy. Currently, the level of 1700 U.S. dollars per ounce is trouy psychological level for gold. Torches also recommend if the price of gold has been in 1,700 U.S. dollars per ounce trouy, is the perfect time for the decision to buy or level best price for buy.
Meanwhile in Precious Metals, today gold price pegged at Rp 535.00 per gram. (Dyah Ayu Kusumaningtyas /Kontan) source: kompas.com
please give me comments thanks
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