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2/16/12

Moving still unstable, Gold Price Weakens?

Liputan6.com, Jakarta: The price of gold to trade on Thursday (16/2) night tracked down. 
The fall in the gold price isconsolidating after yesterday's conditions had touched the level of U.S. $ 1,730 per troy ounce. Volatility in the gold movementshows the fundamental condition of the global economicsentiment is still quite fragile and subject to the approval of thecertainty of the Greek economic bailout package.

Gold fell U.S. $ 9.41 to U.S. $ 1717.95 per troy ounce with the support level of U.S. $ 1714.12 per troy ounce and resistant levelof U.S. $ 1729.31 per troy ounce.

The fall in gold prices gave a negative sentiment for other metalcommodity prices. Palladium fell 1.16 percent to U.S. $ 702.65per troy ounce, platinum dropped 3.03 percent to U.S. $ 1,586per troy ounce, and silver fell 0.08 percent to U.S. $ 33.36 pertroy ounce.
source:http://berita.liputan6.com
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