Emas 24K – Independent Gold™

Posts Tagged ‘gold


Market Commentary
Gold opened at 1099.75/1100.75 in New York. Good investor demand quickly carried the metal higher, hitting resistance near 1106.00. It retreated from this level, finding support near 1100.00 before it turned bid and rallied to an intraday high of 1109.00/1110.00. Oil prices later tumbled and gold followed, slipping below the initial support, reaching a low of 1098.00/1099.00. It recovered as the session unwound on the back of light dealer buying, finally settling at 1101.75/1102.75.


Technical Commentary
Gold is closing unchanged today at current 1104. Today’s price action is showing as an inside day Doji. Topside resistance is seen at yesterday’s record 1111 and support is seen at 1096. The up move has been so strong, that risk lies with further extension to Fibo level 1130. Only a close back below 1070 will shake the long metal positions.

TECHNICAL ANALYSIS


Pivot – USD1,104.57

Primary Support (Buy) – USD1,097.93

*BUY = Buying more Gold to Maximum your investment.

Primary Resistance (Sell) – USD1,111.93

*SELL = Selling your GOLD investment to gain Profit.

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Market Commentary
Gold rallied to a new all time high overnight as G-20 nations agreed to continue economic stimulus efforts. It opened at 1109.75/1110.75 in New York and traded quietly within a range. Despite stronger equity markets and climbing oil prices, the metal drifted lower. Support was found near 1105.00 and ticked sideways before more investor selling dragged it lower and finally closed on its lows at 1100.00/1101.00.


Technical Commentary
Gold reached fresh record highs today to 1111. The unit currently at 1104 is closing above last weeks high of 1101. The measured move target was reached today at 1106. While we continue to close above 1070, the trend followers will keep an eye to the topside. Mathematically I can see 1130 causing resistance as it would make the measured length of this move that started at 930 to equate 0.618 Fibo of the move of 683 to 1006.

 

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TECHNICAL ANALYSIS


Pivot – USD1,103.14

Primary Support (Buy) – USD1,095.08

*BUY = Buying more Gold to Maximum your investment.

Primary Resistance (Sell) – USD1,110.56

*SELL = Selling your GOLD investment to gain Profit.

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Gold may be the hottest investment in the world right now.

This yellow metal now commands more than $1,000 per ounce, and many folks are making wild predictions about how far it can run.

Yet there are many ways to invest in gold and each has its pros and cons.

Whether buying simple jewelry as a newbie or arbitraging gold markets across international borders as a hardcore trader, we’ll show you how to make it happen, ranked from the least hardcore strategy to the most.


1. Enter As A Newbie With Gold Jewelry

Jewelry is the easiest — and most common — way to buy gold around the world. Gold bracelets, necklaces and watches are easy to find, familiar to buy, and have added fashion value.

But there are numerous reasons not to invest in gold through jewelry.

First, its price is usually much higher than for pure gold, sometimes having as much as a 300% mark-up. Secondly, the value of the item comes more from the craftsmanship and adjoined pieces, like gemstones, than from the actual gold. This can make it difficult to assess a piece’s real value. Finally, your bling is easy to steal.

If you must, buy wholesale, at auction, or in countries with reduced cost. And for international buying be wary of customs tax implications.


2. Gold Coins

Coins are another easy way to invest in gold.

Some have value more from their rarity than their actual gold content, but most are solid gold and coins’ relatively small units make them far more affordable and accessible than gold bars.

Popular coins like the American Gold Eagle,Canadian Maple Leaf andSouth African Krugerrand are readily available at coin shops, sites like goldcoins.org and bulliondirect.com, and directly from the U.S. Mint.

If you go to a store, bring your cash — most coin shops don’t like credit cards or checks. And consider a home safe or your bank’s safe-deposit box as a means of keeping the collection secure.

Lastly, remember that there’s a 28% collectibles tax if you sell the coins after owning them for a year. Ouch.


3. Paper Gold

Investors can buy certificates from various trusted sources which represent direct ownership of gold kept in storage by a third party.

The upside of holding this ‘paper gold’ is that it should technically track the price of gold perfectly.

It is also more convenient than many other investments since it allows you to buy and sell gold without having to transfer physical gold.

The downside is that you need to keep the certificates very safe.

You are also generally charged a storage or transaction fee for the gold backing your certificates.

Worse yet, in an end-of-the-world scenario, you could easily have your gold holdings frozen by the government regardless of what a few pieces of paper say. It’s happened before.


4. Gold Futures

Futures allow investors to buy or sell gold without the management fees of funds, and without being subject to the potentially bad decisions of third-party managers. Of course, you’ll still be held liable for your own ideas.

They also allow investors to make leveraged bets, since as futures they are margined and you don’t need to pay the entire value of your gold exposure upfront.


5. Gold Bars

A 400 ounce gold bar is the iconic representation of owning bullion.

The pool of individually numbered bars is deep and liquid, and most bars are stored in highly-secure vaults. Traditionally, that safety is reserved for professional traders like countries or companies who can buy millions of dollars worth at a time, not individuals.

That’s changing. Capitalizing on demand for gold, select retailers are selling and buying the gold alongside kitchenware and clothes.


6. Gold Traded In Far-Flung Markets

For the truly hardcore gold trader, the world is a big place and a sucker is born every day.

There are many markets for gold that are well off-the-beaten-track. Gold is traded between people in every country around the world, sometimes on a very small scale and in hard to find places.

Just remember, the smartest guy in the room is the one earning a spread regardless of market direction.

So carry a quote-enabled phone. And maybe a gun. Which brings us next to the most necessary gold investment of all.




Market Commentary
Gold opened at 1093.00/1094.00 in New York. Worse than anticipated non-farm payroll and an unemployment figure over 10% caused the metal to trade erratically and fall to its intraday low of 1085.50/1086.50. The metal then rallied on the back of equities and finally broke 1100, reaching an all-time new high of 1101.00/1102.00. Both oil and equities retreated and gold followed suit, but found support near 1092. It remained range-bound for the rest of the day, before closing at 1094.75/1095.75.

200 & 400 Days Movement

Technical Commentary
Gold is closing the week at 1095 compared to last week’s close of 1043. We shifted bearish Gold last Friday on the weekly chart but were stopped out above 1070 early this week (I assume the ‘double doji’ should be bearish last week, but i am wrong. Now i am waiting the ends off bull-run after 200 & 400 days movement shifted soon or later). The move above 1070 has opened up a new leg higher with 1101 dealing today. Topside resistance should run into 1106 on a measured move basis. While the unit closes above 1070, the risk is for continued extension to new record levels.

Everyone can earn!

TECHNICAL ANALYSIS


Pivot – USD1,095.21

Primary Support (Buy) – USD1,088.99

*BUY = Buying more Gold to Maximum your investment.

Primary Resistance (Sell) – USD1,103.01

*SELL = Selling your GOLD investment to gain Profit.

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Market Commentary
Gold opened at 1089.75/1090.75 in New York. Better than expected US productivity and fewer jobless claims caused equity markets to rally and helped gold gather momentum, finding resistance near 1092.00. The metal traded erratically in a narrow range, retreating to a low of 1086.50/1087.50 near the London fix. It recovered from its lows on light buying, reaching an intraday high of 1093.00/1094.00. Overall it was a very quiet day as investors moved to the sidelines in anticipation of tomorrow’s key economic data.


Technical Commentary
Gold has pulled back marginally to 1091 from yesterday’s record close. Today’s price action is showing as an “inside day” with the range of 1084 to 1094 compared to yesterdays 1080 to 1097. We believe the market will buy dips in Gold to 1070 with sellers seen at measured move target of 1106.


Everyone can earn!

TECHNICAL ANALYSIS


Pivot – USD1,090.96

Primary Support (Buy) – USD1,084.19

*BUY = Buying more Gold to Maximum your investment.

Primary Resistance (Sell) – USD1,097.72

*SELL = Selling your GOLD investment to gain Profit.

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SpecialEdition

Everyone can earn!

Austiran economist, the financial advisor,

Peter Schiff was right about the U.S. economy.

Everyone can earn!

Everyone can earn!


Market Commentary
Gold rallied overnight and opened strong at 1090.75/1091.75. As the session got underway the metal saw resistance near 1094. Oil rallied mid-morning with falling inventory levels, compounded with a stronger EUR caused gold to peak at 1095.75/1096.75. Prices saw support around 1092 but declines in equities and oil pulled the metal down to a low of 1085.25/1086.25 before it closed at 1086.25/1087.25. The Fed announcement to leave rates unchanged initially caused a somewhat erratic but range-bound market. The metal was then well bid and reached its new all-time high of 1097.75/1098.75.

4th November 2009

 


Technical Commentary
Gold continues higher today to current 1095. The metal has come straight up from 1043 over the last three days. As we are reaching fresh record highs in price there is no historical price resistance. We see 1106 as a measured move target. This level equals the distance from triangle break out at 965 that equates to the move we saw from 1006 to 865 in Q2. Support now comes in at 1070 from our previous high.


Technical Analysis


Pivot – USD1,090.17

Primary Support (Buy) – USD1,082.61

*BUY = Buying more Gold to Maximum your investment.


Primary Resistance (Sell) – USD1,100.05

*SELL = Selling your GOLD investment to gain Profit.

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Sign up for PayPal and start accepting credit card payments instantly.

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Harga Emas 24 Jam

[Most Recent Quotes from www.11.com.my]

Harga Emas Segram (RM$)

[Most Recent Quotes from www.11.com.my]

Retail Gold Price (October 2011)

Federation of Goldsmiths Jewellers Association of Malaysia (FGJAM)

999 Gold    :      RM200.00/gm
916 Gold    :      RM189.00/gm

835 Gold    :      RM1792.00/gm
750 Gold    :      RM155.00/gm
375 Gold    :      RM 84.00/gm


updated on 21 Oct 2011.

UOB Malaysia Gold Price

UOB Malaysia Gold Price

UOB Singapore Gold Price

UOB Singapore Gold Price

Indonesia Fine Gold Price

Logam Mulia Gold Price

Maybank Gold Saving 2009

DATE
SELL (RM/g)
BUY (RM/g)
13-Nov-2009
122.87
117.77

Kijang Emas 2009


Kijang
            Emas

FRIDAY 13 Nov 2009
Size Sell  Buy
1 oz (31.1gm) 3,884 3,653
1/2 oz (15.5gm) 1,979 1,827
1/4 oz (7.77gm) 1,008 913
 

Public Bank Gold Saving 2009

DATE
SELL (RM/g)
BUY (RM/g)
13-Nov-2009
123.37
118.57

Kelantan Gold Dinar 2009

DATE
SELL (1dinar)
BUY (1dinar)
13-Nov-2009
521.00
465.00

Public Gold 2009

 Size PG Sell PG Buy
20gm RM 2,703 RM 2,541
50gm RM 6,726 RM 6,356
100gm RM 13,389 RM 12,720

Retail Gold Price (Nov 2009)

Federation of Goldsmiths Jewellers Association of Malaysia (FGJAM)

999 Gold    :      RM142.00/gm
916 Gold    :      RM134.00/gm

835 Gold    :      RM122.00/gm
750 Gold    :      RM110.00/gm
375 Gold    :      RM 59.00/gm


updated on 05 Nov 2009.

Retail Gold Price (Sept-Oct 09)

999 Gold    :      RM135.00/gm
916 Gold    :      RM127.00/gm

835 Gold    :      RM117.00/gm
750 Gold    :      RM105.00/gm
375 Gold    :      RM 57.00/gm


Retail Gold Price (May-Aug 09

999 Gold    :      RM130.00/gm
916 Gold    :      RM122.00/gm

835 Gold    :      RM112.00/gm
750 Gold    :      RM101.00/gm
375 Gold    :      RM 55.00/gm


Retail Gold Price (April 2009)

999 Gold    :      RM125.00/gm
916 Gold    :      RM117.00/gm

835 Gold    :      RM108.00/gm
750 Gold    :      RM 97.00/gm
375 Gold    :      RM 53.00/gm


Retail Gold Price (March 2009)

999 Gold    :      RM130.00/gm
916 Gold    :      RM122.00/gm

835 Gold    :      RM112.00/gm
750 Gold    :      RM101.00/gm
375 Gold    :      RM 55.00/gm


Kitco Gold Spot Price



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