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Email this article: Gold needs to reclaim US$1,700 for renewed buying, with breach of US$1,600 expected to cause liquidation
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Posted: Sat April 21, 2012 4:49 pm
INTERNATIONAL. "Overall, the price action since the February high of US$1,790 has been quite weak," says the latest technical analysis from gold bullion dealing bank Scotia Mocatta.
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BAHRAIN. During an interview with Euromoney Conferences, John Sfakianakis the GCC Regional Director at Ashmore Group, said the milestone decision to liberalise the Saudi Tadawul Index is extremely significant as investors will be able to gain exposure to a formidable oil economy by investing in its market.
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