http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-02-09.htmlGold’s London AM fix this morning was USD 1,733.00, EUR 1,304.77, and GBP 1,094.20 per ounce. Yesterday's AM fix was USD 1,743.00, EUR 1,315.17, and GBP 1,095.95 per ounce. Cross Currency Table – Bloomberg Gold tested yesterday's lows near $1,725/oz in early trading in Asia prior to ticking higher to $1,740 towards the end of the trading day with surprisingly strong inflation figures from China helping.  Gold corrected to $1,730/oz as markets in Europe opened and has traded in a rangeThu, 09 Feb 2012 12:02:56 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-02-09.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-02-08.v02.htmlGold’s London AM fix this morning was USD 1,743.00, EUR 1,315.17, and GBP 1,095.95 per ounce. Yesterday's AM fix was USD 1,720.00, EUR 1,308.98, and GBP 1,087.56 per ounce. Cross Currency Table – Bloomberg Gold has again seen the pattern of recent days, months and years of strength in Asia followed by weakness in Europe. Gold’s 1.5% gain yesterday came as Ben Bernanke spoke regarding the slow US economy and need for continued loose monetary policy.  Gold broke through a resistance levelWed, 08 Feb 2012 13:42:30 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-02-08.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-02-07.htmlGold’s London AM fix this morning was USD 1,720.00, EUR 1,308.98, and GBP 1,087.56 per ounce. Yesterday's AM fix was USD 1,717.00, EUR 1,315.31, and GBP 1,090.85 per ounce. Cross Currency Rates – Bloomberg Gold rose $10 in Asian trading to reach $1,730/oz as investors nervously watch Greece. Just prior to European markets opening gold began to fall and has fallen below the lows in Asia and testing short term support at $1,712/oz. The labyrinthine debt crisis rumbles on with European and GreekTue, 07 Feb 2012 12:11:45 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-02-07.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-02-06.htmlGold’s London AM fix this morning was USD 1,717.00, EUR 1,315.31, andGBP 1,090.85 perounce. Friday's AM fix was USD 1759.50, EUR 1,335.48, and GBP 1,110.66 per ounce. Gold has followed the now familiar trading pattern of gains in Asia followed byweakness in Europe. While gold has fallen and is weaker in most currencies goldremains higher in euro terms due to euro weakness on the concern of a Greekdefault. Cross Currency Table – (Bloomberg) Spot gold bounced back in Asian trading Monday asMon, 06 Feb 2012 12:31:27 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-02-06.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-02-03.htmlGold’s London AM fix this morning was USD 1759.50, EUR 1,335.48, and GBP 1,110.66 per ounce.  Yesterday's AM fix was USD 1,747.50, EUR 1,326.68, and GBP 1,102.80 per ounce.   Gold prices hit their highest since mid-November this morning as signals that U.S. monetary policy will remain ultra loose increased investor appetite for bullion.  Gold bullion has gained over 12% so far in 2012, and the ascent was rejuvenated last week with Bernanke’s commitment to keep interest rates lowFri, 03 Feb 2012 13:35:29 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-02-03.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-02-01.htmlGold’s London AM fix this morning was USD 1,744, GBP 1,106.74, and EUR 1,327.65 per ounce. Yesterday's AM fix was USD 1,738.00, GBP 1,102.23, and EUR 1,317.27 per ounce. Gold consolidated on yesterdays gain in Asia overnight and then rose in early European trading from below $1,735/oz to $1,748.60/oz. A break above resistance at $1,750/oz could see gold quickly challenge $1,800/oz. However, there is also the possibility of a correction after the large gains seen in January. January 2012 -Wed, 01 Feb 2012 13:11:28 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-02-01.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-31.htmlGold’s London AM fix this morning was USD 1,738.00, GBP 1,102.23, and EUR 1,317.27 per ounce. Yesterday's AM fix was USD 1,720.50, GBP 1,097.40, and EUR 1,310.06 per ounce. Cross Currency Table – Bloomberg Gold edged higher in Asian and again in European trading today. Gold has broken through all major moving averages and Fibonacci levels this week due to a weakening dollar and geopolitical concerns regarding Iran and the European solvency crisis. Euro gold appears to be breaking aboveTue, 31 Jan 2012 12:25:36 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-31.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-30.htmlGold’s London AM fix this morning was USD 1,720.50, GBP 1,097.40, and EUR 1,310.06 per ounce. Friday's AM fix was USD 1,722.00, GBP 1,095.98, and EUR 1,310.30 per ounce. Cross Currency Table - Bloomberg Gold prices fell in Asia and in Europe this morning with profit taking after last week’s 4.3% gains seems the primary reason for today’s weakness. However, gold prices are likely to continue to be supported by the continuing Greek debt saga (and risk of contagion) and developments in theMon, 30 Jan 2012 12:28:24 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-30.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-27.htmlGold’s London AM fix this morning was USD 1,722.00, GBP 1,095.98, and EUR 1,310.30 per ounce. Yesterday's AM fix was USD 1,713.00, GBP 1,091.10, and EUR 1,300.59 per ounce. In Asia this morning gold fell from its seven week high as traders took profits ahead of US Gross Domestic Product data to be released later today (1.30GMT).  Gold investors were happy with the Fed's decision to keep interest rates low, but now the focus will again be on the eurozone and hopes for a solution toFri, 27 Jan 2012 11:32:58 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-27.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-26.htmlGold’s London AM fix this morning was USD 1,713.00, GBP 1,091.10, and EUR 1,300.59 per ounce. Yesterday's AM fix was USD 1,659.00, GBP 1,064.08, and EUR 1,277.04 per ounce. Gold rose 2.5% yesterday and broke $1,700/oz to $1,712.80, its biggest one-day gain in the past 4 months, as the US Federal Reserve’s 11 out of 17 members voted that interest rates would likely remain near zero into late 2014. Investors sought safe haven refuge into gold fearing their portfolios would lose value as CentralThu, 26 Jan 2012 11:30:52 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-26.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-25.htmlGold’s London AM fix this morning was USD 1,659.00, GBP 1,064.08, and EUR 1,277.04 per ounce. Yesterday's AM fix was USD 1,669.00, GBP 1,072.69, and EUR 1,282.17 per ounce. Gold edged up after an early dip on buying from jewellers in Asia this morning.  Prices are trading narrowly as investors await the outcome of the US Federal Reserve meeting with its decision on interest rates at 17:30 GMT.  Expectations are that chairman, Ben Bernanke, will point to interest rates sticking nearWed, 25 Jan 2012 12:25:37 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-25.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-24.htmlGold’s London AM fix this morning was USD 1,669.00, GBP 1,072.69, and EUR 1,282.17 per ounce. Yesterday's AM fix was USD 1,675.00, GBP 1,076.55, and EUR 1,294.94 per ounce. Cross Currency Table - Bloomberg Gold started out lower in Asia this morning as the euro faltered on news that European finance ministers rejected an offer by Greece's private creditors to help restructure its debts, but gains on Tokyo futures exchanges and an increase of demand in India cushioned the fall. Investors areTue, 24 Jan 2012 12:43:42 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-24.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-23.htmlGold’s London AM fix this morning was USD 1,675.00, GBP 1,076.55, and EUR 1,294.94 per ounce. Friday's AM fix was USD 1,646.00, GBP 1,064.68, and EUR 1,274.29 per ounce. Cross Currency Table - Bloomberg Gold has risen in all currencies today and bullion up nearly 1 % to $1,675/oz. Gold rose 1.7% last week has risen more than 6% so far this year. Gold jumped to its highest in more than a month as result of the uncertainty over of the Greek debt outcome and the growing geopolitical tensions withMon, 23 Jan 2012 12:09:34 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-23.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-19.htmlGold’s London AM fix this morning was USD 1,664.00, GBP 1,076.53, and EUR 1,289.62 per ounce. Yesterday's AM fix was USD 1,657.00, GBP 1,077.09, and EUR 1,290.80 per ounce. Cross Currency Table - Bloomberg Spot gold rose on Thursday in Asia and has consolidated on those gains on somewhat subdued trading conditions. There are hopes that new flows of funding from the International Monetary Fund will help contain the euro zone debt crisis. However, some investors are concerned that the funding isThu, 19 Jan 2012 12:36:58 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-19.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-18.htmlGold’s London AM fix this morning was USD 1,657.00, GBP 1,077.09, and EUR 1,290.80 per ounce. Yesterday's AM fix was USD 1,662.00, GBP 1,080.34, and EUR 1,299.76 per ounce. Cross Currency Table – Bloomberg  Spot gold has swung between a low of $1,645/oz and a high of $1,660/oz in Asian and early European trading after rising another 1.25% yesterday. Gold spiked above €1,300/oz on continuing concerns about the Eurozone and the euro. The yellow metal climbed to $1,667.90 yesterday itsWed, 18 Jan 2012 11:46:17 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-18.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-17.htmlSpot gold has consolidated gains above the 200 day moving average at $1,640/oz. Gold has climbed 1.5% to a one month high, due to concerns about the Eurozone sovereign debt crisis. Risk appetite has returned lifting markets across the board, after China announced better than expected economic growth in the last quarter of 2011. Thomson Reuters GFMS annual gold survey released today shows that global investment increased 20% last year to $80 billion, leading to the nominal high last SeptemberTue, 17 Jan 2012 11:57:32 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-17.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-16.htmlSpot gold is again above the 200 day moving average near $1,638/oz. Gold prices have rallied 5% so far in 2012, with the eurozone debt crisis and the growing tension between Iran and the west supporting gold's safe haven status. Cross Currency Table - Bloomberg Although gold had its largest drop in the last 2 weeks on Friday, (-1.6%), it was 1.3% higher on the week and trading higher this morning.  Many analysts feel that current sovereign, macroeconomic and geopolitical risks are notMon, 16 Jan 2012 11:57:49 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-16.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-12.htmlAll eyes are glued to the European Central Bank’s monetary policy and interest rate announcement scheduled later today.  Gold rose above $1,650 an ounce in Europe on Thursday as the euro climbed against the dollar after a well-received auction of Spanish bonds, but its gains were limited by uncertainty ahead of a European Central Bank interest rate decision later in the day. Economists polled by Reuters say the ECB will take a breather this month after unleashing back-to-back interestThu, 12 Jan 2012 11:50:51 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-12.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-11.htmlDemand for gold bullion in China continues to surge. Mainland China's imports from Hong Kong surged to 102,779kg/oz from 86,299kg/oz in October. This is a 20% increase from the already high number seen in October and a 483% y/y increase. The run into Chinese Lunar New Year has again seen higher than expected Chinese demand for gold and China's voracious appetite for gold is surprising even analysts who are positive about gold. As Chinese people's disposable incomes gain and concerns grow overWed, 11 Jan 2012 12:13:14 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-11.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-10.htmlGold’s London AM fix this morning was USD 1,627.00, GBP 1,051.91, and EUR 1,271.49 per ounce. Yesterday's AM fix was USD 1,618.00, GBP 1,047.38, and EUR 1,266.54 per ounce.   Cross Currency Table Gold has risen for the first time in three days. Asian stocks and the euro also gained today before German Chancellor Angela Merkel meets with the International Monetary Fund’s, Christine Lagarde in Berlin, a day after Merkel and French President Nicolas Sarkozy met toTue, 10 Jan 2012 12:14:40 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-10.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-09.htmlGold’s London AM fix this morning was USD 1,618.00, GBP 1,047.38, and EUR 1,266.54 per ounce. Yesterday's AM fix was USD 1,621.00, GBP 1,045.67, and EUR 1,045.67 per ounce. Cross Currency Table Gold prices are marginally higher after the 3% gain seen last week.  Gold tentative gains come despite the dollar gaining strength due to the European crisis. Investors and traders will keenly follow the debt auctions this week in Italy and Spain and a poor or failed auction couldMon, 09 Jan 2012 12:41:12 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012-01-09.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-21.html• Introduction – Gold in 2011 • Money Creating Central Banks May Push Gold to New Nominal Record in 2012  • Central Banks Will Continue To Be Net Buyers of Gold • China Foreign Exchange Diversification Should Support Demand • PIIGS Lesson: Iceland Shows How Gold Protects From FX Crises • Currency Wars and Competitive Currency Devaluations • Falling Confidence in Paper Assets, Bank Deposits May Prompt Physical Deliveries • Gold Remains A Historically and Academically Proven Safe HavenWed, 21 Dec 2011 15:42:26 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-21.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-20.htmlCross Currency Table Gold is mixed and marginally higher in dollars and euros today despite European finance ministers pledging extra funding to the IMF. Concerns linger that politicians efforts to address the euro zone debt crisis are failing.     Last week's price drop has stimulated demand from Europe and the Middle East and Asia with GoldCore and other dealers confirming still robust demand and little or no selling of bullion. Gold bar premiums in Singapore and Hong Kong roseTue, 20 Dec 2011 13:34:52 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-20.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-19.htmlCross Currency Rates Gold has fallen marginally in most currencies, extending last week's loss, which was the biggest in nearly three months. Gold’s weakness continues despite negative economic news such as Fitch's warning regarding downgrading France and other countries and geopolitical risk after the death of North Korea’s Kim Jong-il.   Fitch warned it may downgrade France and six other euro zone nations as it believes a comprehensive solution to the region's debt crisis isMon, 19 Dec 2011 13:38:16 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-19.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-16.v02.htmlGold in USD – 5 Yr (150, 200, 250 DMA) Gold is 1.6% higher in dollars and higher in most major currencies after four sessions of heavy losses and a 7% loss this week – the biggest weekly loss since September. Liquidity squeezed speculators and banks have been closing long positions and selling gold this week but global physical demand remains robust. The Relative Strength Index (RSI) on spot gold returned to above 30, after spending 2 days below that mark in oversold territory two days ago. ItFri, 16 Dec 2011 14:13:39 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-16.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-15.htmlGold in USD – 1 Yr (150, 200, 250 DMA) Gold has risen nearly 1% in most currencies today after a dropping 3.5% in US dollar terms yesterday. The sell off yesterday has been attributed to more speculative players and funds selling off holdings before year end and going to cash due to alarming funding and liquidity pressures and increasingly elevated counter party risk. The MF Global and re-hypothecation scandal and concerns regarding a bout of vicious deleveraging likely exacerbated the sellThu, 15 Dec 2011 13:27:50 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-15.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-13.htmlGold in USD – 1 Yr (100, 144, 200 DMA – yellow line at $1,618/oz) Gold fell 2.6% in US dollar terms yesterday on low volumes as technical selling led to price falls which were exacerbated by a number of stop levels getting hit. The falls may be due to banks raising capital due to liquidity and solvency issues.  Gold’s weakness yesterday was primarily a function of dollar strength. This meant that gold’s falls in euros, pounds and other currencies was much smaller (between 1% and 2% inTue, 13 Dec 2011 13:31:19 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-13.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-12.htmlGold in USD – 2 Yrs (100, 144, 200 DMA) Gold was steady in trade in Asia until 0322 GMT when sharp selling saw gold fall 1.3% from $1,708/oz to $1,684.75/oz in minutes. The fall may have been technical in nature after last week’s 2% fall in US dollar terms. The selling had the hallmarks of a large sell order or liquidation and Reuters reports that “the approaching year-end and funding difficulties caused by financial market turmoil have reduced liquidity in the gold market.” Market reaction toMon, 12 Dec 2011 13:46:36 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-12.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-09.htmlCross Currency Table Gold edged higher in euros, pounds, dollars and all currencies today after the European Union leaders failed overnight to get all of the bloc's 27 members to agree a change in the EU treaty allowing fiscal integration as the ‘decisive’ summit in Brussels ended its first day in the early hours Friday. Gold traded higher after the ECB interest rate cut yesterday, prior to sharp selling that came into the market at 1335 GMT. This led to gold falling 2% on the day and it isFri, 09 Dec 2011 13:57:07 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-09.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-06.htmlCross Currency Rates Gold is marginally lower in most currencies (except the CHF and AUD) extending the 1.4% fall seen yesterday. Gold traded below the 100 day moving average at $1,726.33, which it broke below yesterday and will need to rise above the 100 DMA in order to resolve the short term technical damage done. Gold’s continuing failure to make strong gains given the heightened monetary and systemic risk continues to surprise many in the market. It may be due to further profit takingTue, 06 Dec 2011 13:07:57 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-06.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-05.v02.htmlCross Currency Rates At the open in Asia, gold spiked from $1,746.75/oz to $1,755/oz before being capped at that level and falling back to its opening price. It remained near the $1745/oz mark overnight and this morning in Europe until soon after the London AM Fix ($1,744/oz) when selling commenced again. Traders may be hesitant to place positions ahead of the Franco-German summit and there may also be some profit taking after the nearly 4% gains seen last week.  Gold will likely beMon, 05 Dec 2011 12:51:11 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-05.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-02.v02.htmlCross Currency Rates Gold is marginally higher in most currencies and is headed for its biggest weekly advance in six weeks after also seeing a gain of 1.8% in November. Gold’s technical picture has become positive again and is now aligned with the very positive fundamental backdrop. The Bank of Korea’s continued diversification of its foreign exchange reserves is a bullish factor which may have led to the price gains today. The central bank of South Korea announced that it had purchased 15Fri, 02 Dec 2011 13:48:49 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-02.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-01.v02.htmlCross Currency Rates Gold is marginally higher today in dollars after yesterday’s nearly 2% gain. Yesterdays’ PM fix was not the same as the AM fix after the central bank intervention saw gold surge nearly 2%. The highly coincidental exact AM and PM fixes for 2 consecutive days may have been an unusual anomaly. Gold is at a 2-week high today as inflation concerns saw gold rise sharply after the Federal Reserve and the world’s major central banks took coordinated action to prevent the euro-zoneThu, 01 Dec 2011 13:30:01 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-12-01.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-11-30.htmlGold Fixes/ Rates/ Volumes – Bloomberg Gold is mixed in various currencies but popped nearly $15 after the Chinese announcement that they would be lowering their bank reserve ratio. It shows the world's second largest economy is swinging into easing mode which is not a good sign. Hua Zhongwei, analyst at Huachuang Securities, Beijing: "It's the start of a relaxation cycle, and the central bank is expected to take more steps …  the economic slowdown is there, and capital inflows are set toWed, 30 Nov 2011 14:21:39 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-11-30.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-11-29.v02.htmlGold Prices/ Fixes / Rates Gold is marginally higher in dollars but lower in most currencies today.  Gold is being supported by the dollar coming under pressure again and oil prices (WTI) rising 0.7%.  Asian stocks markets were mixed and European indices are tentatively higher. Gold posted its second-largest one-day gain of the month yesterday on safe haven buying due to lingering concerns about the global debt crisis. Gold has steadied despite the renewed increase in risk aversionTue, 29 Nov 2011 13:02:55 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-11-29.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-11-28.htmlCross Currency Rates Gold is higher in most currencies today. Gold is higher due to the dollar coming under pressure and oil prices (WTI) have surged over 3%.  Stock markets are also higher on fresh hopes Europe will unveil yet another set of measures to tackle the deepening contagion in the Eurozone.   Monetary and systemic risks remain and should see gold well supported at the $1,700/oz level. Indeed, gold could have bottomed on options expiry last week – as is often the case.Mon, 28 Nov 2011 13:31:25 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-11-28.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-11-22.htmlGold in USD – 6 Months (Daily) and 2 Most Recent Gold Options Expiry (09/27/11 and Today)  Gold is higher all currencies today and is up 1.2% in USD and 0.75% in EUR after yesterday's 2% fall and there are renewed reports of physical buying activity in Asia. Yesterday's falls may been margin driven.  There has been liquidation by speculators and investors covering losses elsewhere due to the renewed market volatility and losses seen in equity markets globally in recent days. Gold inTue, 22 Nov 2011 13:20:58 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-11-22.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-11-21.htmlGold in USD – 1 Year (Daily) – 50, 100 & 144 DMA Gold is lower in all currencies today except Australian dollars and is down another 1% in USD and 0.5% in EUR.  Last week’s 3.5% fall (in USD) created negative short term technicals. Support is at the $1,700 and $1,680 mark. The 144 day moving average is at $1,652 and a further correction of just 3% could result in gold again testing and finding support at this level. Equities in Asia and Europe have fallen and headline risk is to theMon, 21 Nov 2011 12:54:32 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-11-21.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-11-18.htmlGold in USD – 1 Year Daily and DMAs Gold has bounced 0.5% today, after falling 2.5% yesterday. Gold is down 2.6% week to date and is headed for its first weekly loss in four weeks which would turn the short term technicals bearish. Spot gold has rebounded above the 50-day moving average that it fell below yesterday. The 50-day MA is moving close to crossing below the 100-day MA, which can be seen as a bearish technical signal. However, the last time gold’s 50 dma fell below the 100 dma inFri, 18 Nov 2011 12:31:03 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-11-18.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-11-16.html  Euro/Gold Outperforms Stoxx 600, German Bunds and Euro Assets  (Reuters Chart) Gold is marginally lower today but is consolidating in all currencies after French, Belgian and Austrian bond yields gained sharply yesterday as contagion takes hold in the Eurozone. French financial markets experienced turmoil on Tuesday, reflecting fears that France is being sucked into the spiraling debt crisis. UK unemployment soared to 2.62 million in Q3 and joblessness among young people climbedWed, 16 Nov 2011 13:24:05 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@goldcore.com (GoldCore)http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2011-11-16.html