Market news
14.05.2012, 16:21

Gold fell

 

The price of gold falls as investors transfer funds to the dollar as the most reliable asset,for fear of aggravating the situation in Europe, where output increased risks of Greece from the eurozone.

In Greece, after the parliamentary elections of May 6 has not yet formed a coalition government. The leaders of the Greek political parties said on Sunday that the contradictions between them do not allow a coalition, so that the country is likely to face new elections.

This situation calls into question the future of Greece agreements with international lenders on behalf of the EU and the IMF. Among market participants are increasingly sounding the assumption that Greece still leaves the treatment area the single European currency.

The cost of the June gold futures on the COMEX fell today to $ 1555.0 an ounce.


 

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location