Gold Is On The Rise December 2011
(Updates prices, comment after central bank move)
* Top central banks move to avoid global liquidity crunch
* China in surprise move to inject cash
* Dollar falls sharply, equities, euro rise
By Susan Thomas
LONDON, Nov 30 (Reuters) – Gold rose to the highest in almost two weeks on Wednesday after top central banks announced a co-ordinated move to avoid a global liquidity crunch, and the dollar fell.
Centrals banks from the world’s leading economies, including the U.S. Federal Reserve and the European Central Bank, said they had agreed to lower the cost of existing dollar swap lines by 50 basis points, as well other measures.
Spot gold rose more than 2 percent to $1,749.54, its highest since Nov. 17. It was $1,744.79 per ounce at 1525 GMT, from $1,714.29 late in New York on Tuesday.
| Print article | This entry was posted by maddaloni on November 30, 2011 at 7:27 pm, and is filed under 2011 Trends, Finance, Financial Crisis, Financial Movement, GOLD, Long Island Jewelry, gold buying, investing in gold, laura maddaloni, long island jewelers. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
No comments yet.
No trackbacks yet.
Bremont Timepieces, P51 Limited Edition
about 7 months ago - No comments
So excited about the news from Bremont! In about three weeks time they will have available the Limited Edition P51 Timepieces. The packaging will be this noble green leather with merlot straps to recreate the colors that were inside the P-51 cockpit! And because this is an American plane they replaced their usual RAF crown
Can Earrings Change Your Style?
about 8 months ago - No comments
Of course the right earrings can add a tremendous amount of light to the face and complete every look! Highlighting eyes and cheeks. Take a look at these transfomations: With just a simple hanging stud Angelina Jolie illuminates with sparkle: For extra drama, a larger earring brings the added WOW factor to a look. Simple
Gold, Update On Investing
about 8 months ago - No comments
Buying gold is still the safest investment you can make!!! Investors are predicting $5000.00 is too low!! Looking at the global economies Gold is appearing safer and safer. A study released earlier in the year by Oxford Economics recommends holding at least 5% of your assets in gold. Recent Facts: A new Wikileaks release
Explosion of Color : Introducing the Ulysse Nardin Classico Dragon
about 8 months ago - No comments
With the new Ulysse Nardin Classico Enamel Champlevé Dragon, the manufacture honors, once again, the lost art of enameling, but this time, it’s through the legend of the Dragon, a symbol of success and prosperity. Legend claims that those who keep the mythical creature close will be granted guidance and protection. Exuding a fiery spirit,
Ulysse Nardin’s The Freak Diavolo
about 8 months ago - No comments
Ulysse Nardin, the Leader in Timepiece Invention and Innovation, Demonstrates Breakthroughs in Watchmaking with the New Freak Diavolo.
The Movado BOLD Has Arrived!!
about 9 months ago - No comments
This special Derek Jeter inspired edition watch is the innovative new Movado BOLD bracelet model featuring an indigo blue metallic dial customized with number ’2′ positioned prominently at 2 o’clock. The case-back is engraved to commemorate Jeter’s 3000th hit. Only 300 pieces have been issued. Packaged in a special sleeve accompanied by a thank you
Glashutte Original, ‘PanoMaticCounter XL’
about 9 months ago - No comments
A Ground-Breaking Complication…PanoMaticCounter XL This Panomatic Counter XL exemplifies Glashutte Original’s standing as the most innovative timepiece brands of the 21st century.The PanoMaticCounter XL has, as the XL implies, a large watchcase of 44mm in diameter. Inside, the mechanical automatic caliber 96-01 (based on caliber 95) movement does all the labor. Besides the counting mechanism,
2011 Cannes Film Festival… Style Seekers Learn The Trends
about 1 year ago - No comments
Founded back in 1946, the Cannes Film Festival, is one of the world’s oldest and most prestigious film festivals. The film debutes are the main focus, although style trends are set on this world stage. Follow all the glamour live, through the Daily Telegraph feed They have regularly updated news and reviews in the countdown to
Spring Into Inspiration With Bold Color
about 1 year ago - No comments
Wow, large, bold earrings, necklaces and bangles are everywhere. Blasts of color illuminates facial features and brings out a girls natural glow. We have seen a wide range of colored stones being used, from deep green o wash out light pink Kunzite. We dont see much of the beautiful pink colored gemstones, which are considered to
TIMEPIECES: The Most Distinguished Accessory Has Many Surprises For 2011
about 1 year ago - No comments
The buzz in the timepiece industry for 2011 has been at all time highs; time has not been standing still for designing in the world of watches. We usually see one big newsmaker, Bremont BC S2 but this year watch brands are bringing it on BIG! As we are all looking forward to Basel in March,
