Gold has witnessed some serious decline this month amid tight economic conditions in States. Gold is currently at $1,176.31 which dropped from $2,157.09, a sharp and unexpected fall. The economic situation has made it easy for investors to invest and make enormous profits from Foreign Exchange market and Stock Market. Euro has recently increased and economists believe that it will continue to rise till the end of September allowing investors to earn 22% profits on investments and therefore very few investments are being done in bullion and gold certificates.
The reason for fall of gold is due to precious metal’s slim demand however Gold miners are positive about the market in Future. Silver have also slipped to 0.8% in single day. The gold prediction in July and August looks bearish as investment opportunities in equities and trade have captured the market. The gold’s drop to eight-week low have already effected many countries regarding economic situation and other gold-backed investment portfolios. Analysts predict that after a short-fall in trade of Gold in the month of July, gold will rise to 11%.
[Source: Kitco]

Pound sterling hit to a seven-week low against Euro and it is expected that the trend will continue till the week-end. The Euro has been sharply rising since last Friday against major currencies and it has been predicted by our financial analysts that Euro will keep on rising till the month of September. The
The news which circulated the market about antenna problem in the new iPhone 4G has pushed apple shares down to almost 1% in single day trading. It is expected that Apple shares will further fall to average 6% effecting the apple share holders. The market analysts reported financiere about the Apple iPhone 3G launch after which the shares market boomed to new extents and Apple became the investors’ favorite.
The Euro currency exchange rate rose against U.S. Dollar Thursday, after frequent stock fluctuation. The market has again showed Euro investors hope that Euro will recover to new extents and this time profiting to almost 23.5%. “The currencies are following the fluctuation in the equity market and setting up the market trend for itself”, said Fabian Elision, head of U.S. currency sales at ASZ Financial Group Inc.
The Stock Markets around the world were seen under negative trend specially in China where the industrial companies dropped and banks of China were seen rising. The stock markets around the world were cautious as U.S. services reports were disappointing allowing investors to be cautious in making investment move.
Oil prices rose to nearly $73 a barrel in Asia and similar effects were seen in stock market and euro exchange rate. The euro advanced to $1.2594 from $1.2537. The euro will continue rising till the end of August and then it will be the most suitable time for investors to sell their euros and earn more than 20% profits.
The trading was bearish on Monday amid worries over US economy and job market. It is believed that the world’s largest economy is suffering whereas other figures indicate that China’s economy could also be effected and slowed down.
BP shares are seen rising whereas the FTSE 100 was recorded at 4,790 points and still declining. The analysts believe that BP have supported their shares market by pulling investments from big players. Other sources confirm that the shares market is pseudo and is likely to collapse very soon. Some investors believe that the shares are kept high so that their current investors doesn’t withdraw and those who are selling BP shares now are getting good price for it. The buyers indeed are BP’s own to maintain the share price.



