The price of the precious metal reached $1,300.07 during trading at the London bullion market, before dipping back. The latest rise has been spurred by caution over the global economy, as well as weakness in the US dollar – the currency used to value gold – which fell 1% against the euro. The gold price [...]
Posts Tagged ‘Gold’
Types of Currency in Perfect Money Payment System…
Posted by arif on October 23rd, 2009
Perfect Money system has a number of differences from other similar projects. This article is divided to one of such feature. A clear differentiation of its users allows developers to create various conditions for constant customers who need to be taken care of as well as they have already conquered users. This scheme allows managing [...]
Gold Strategies of Central Banks….
Posted by arif on September 20th, 2009
We all know that the biggest demand for gold comes from central banks. Just how has their buying or selling strategy been over the last 12 months? Is their strategy influenced by the amount of USD being printed into circulation? Are they afraid of the dollar not being able to uphold its long term value? [...]
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