empty
 
 
Gold Market Review
loader

Forecasts of world GDP growth improved, yet head of the International Monetary Fund Christine Lagarde is convinced that the global economy is still troubled, prospects are vague and the overall situation is shaky. The reason for that is the sovereign debt crisis of the Eurozone.


Shortly after this statement, investors rushed to purchase reliable assets. Therefore, the price of Gold moved up to the mark of 1652 US dollars per troy ounce.


The upward movement was propped up by US statistics on labour and housing markets.


In March the indicator for existing home sales abruptly plunged by 2.6%, whereas analysts had expected growth of 0.7%.


The number of initial unemployment claims fell short of the forecasts. Last week the index rose to 386K instead of predicted 370K.

Calendar and reviews
Editor's choice
Modern Kiev is an administrative, cultural and financial center of Ukraine. It is one of the biggest cities in Europe with significant economic potential. Out of over 250 foreign and national banks working in Ukraine, about 100 banks are situated in Kiev. There are also a lot of insurance, consulting and clearing firms, stock exchanges, and investment funds. Kiev became one of the regular hosting cities for ShowFX World exhibitions. A strategic partner and participant of the ShowFX World Expo 2012 was InstaForex Company.
Denis, exhibition visitor: "It never ceases to amaze me how useful such events are" (ShowFx World Exhibition in Moscow)
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $4000 more!
    In July we raffle $4000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
Can't speak right now?
Ask your question in the chat.
Widget callback