BOSTON--(BUSINESS WIRE)--State Street Global Markets LLC, an affiliate of State Street Global Advisors (“State Street”) (NYSE: STT), and World Gold Trust Services, LLC, a wholly-owned subsidiary of the World Gold Council, today announced that the opening of trading in streetTRACKS® Gold Shares (NYSE Symbol: GLD) on the New York Stock Exchange will be changed from 9:30 a.m. Eastern Time to 8:20
Dear readers,I'm posting gold and silver spot weekly charts along several gold ratio charts (Dow Jones, crude oil and silver). Please refer to the latest WTI crude oil charts review and this old post: http://globalgold.blogspot.com/2006/10/dowgold-goldoil-ratios-update.html
Dear readers, The price of gold bottomed at early January and managed to climb about 60$ (roughly 10%) . I'm posting a gold spot chart with several Fibonacci sets, diagonal support lines and the continuation of the Elliott wave count.Enlarge the chart for better view.
Dear readers, It was a busy month! , Posted below are some of the latest international gold market news:IMF to make central bank gold lending data more transparentBlanchard & Company study calling for greater transparency in central bank gold lending accounting has apparently helped to convince the International Monetary Fund to adopt a landmark accounting change in the way central banks account
Dear reader,Gold begins 2007 with sharp rapid decline to level not seen since October 2006. Looking at the uptrend line connecting the June and October lows it's easy to see that gold can go to 570's $ and the uptrend can still be intact . According to my Elliott wave count (June 2006 is a major low) gold can go as low as 560$ and the count will still stay unchanged (bullish). For relevant
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