Local gold prices in Kuwait
Local gold prices Balquetartvaa domestic gold prices in Kuwait
Local gold prices Balquetartvaa domestic gold prices in Kuwait
Local gold prices in Kuwait
Wrote on May 29, 2011 by Walid Salman
Kuwait - said Kuwait in its economic today that the price of local gold in the domestic market went up to 13600 dinars during the last week, an increase of KD 300 for the previous week in the month of May of this year, the report added that local markets are affected by rising global prices for gold over the past week and this was reflected clearly the decline in sales of jewelry and gold and shift demand to the bullion and gold ore. He explained that the culture of savings and investment control of the orientations of procurement in the local market in particular by demonstrating the transformation of interest in gold of the decorations and ornaments to the savings and investment, where she earned trade bullion small Pounds Gold lion's share of sales last week connected to a kilogram of raw gold (24 carat) to 13 600 dinars, up $ 300 dinars, and similarly increased kilo silver ore (caliber 999) to 350 dinars a rise of 40 dinars for the previous price.The report said that the price of gold rose to its highest level since three weeks in the global marketplace in 1538 surpassing the level of Dolarallaoekaya and achieved a gain of $ 5.1 over the past week due to the increase following the adjournment of the euro and Fitch debt rating to Greece in three grades.He pointed to the continuing rise of prices of yellow metal as a result of the continued investor appetite for safe haven after the descent of the dollar exchange rate and investment as a hedge against inflation, which plagued a lot of European countries.He said the falling dollar has helped other precious metals to rise as a result of negative reports on weekly jobless claims data and the gross national product in the U.S. and falling consumer confidence indicators.The report predicted that the stability of gold above the rate of 1536 per week will be a strong signal to achieve new heights above 1576 dollars, the highest summit achieved by the gold end of last month, explaining that it is possible to record a quick profit-taking lead to decreases in price slightly.And silver, the report said the owner of gold to rise during the last week, but the pace is stronger, as it made gains of 8 percent, to ascend from the 5.34 dollars per ounce to the level of 8.38 dollars is considered a magnet for investors in addition to the consensus of many analysts to expect a rise in silver during the coming period to record levels, exceeding the highest peak recorded in 1983.He pointed out that the shortage in the supply of raw silver GCC markets saw increased demand from the investors and to ensure that storage systems to reap profits in the coming period
Wrote on May 29, 2011 by Walid Salman
Kuwait - said Kuwait in its economic today that the price of local gold in the domestic market went up to 13600 dinars during the last week, an increase of KD 300 for the previous week in the month of May of this year, the report added that local markets are affected by rising global prices for gold over the past week and this was reflected clearly the decline in sales of jewelry and gold and shift demand to the bullion and gold ore. He explained that the culture of savings and investment control of the orientations of procurement in the local market in particular by demonstrating the transformation of interest in gold of the decorations and ornaments to the savings and investment, where she earned trade bullion small Pounds Gold lion's share of sales last week connected to a kilogram of raw gold (24 carat) to 13 600 dinars, up $ 300 dinars, and similarly increased kilo silver ore (caliber 999) to 350 dinars a rise of 40 dinars for the previous price.The report said that the price of gold rose to its highest level since three weeks in the global marketplace in 1538 surpassing the level of Dolarallaoekaya and achieved a gain of $ 5.1 over the past week due to the increase following the adjournment of the euro and Fitch debt rating to Greece in three grades.He pointed to the continuing rise of prices of yellow metal as a result of the continued investor appetite for safe haven after the descent of the dollar exchange rate and investment as a hedge against inflation, which plagued a lot of European countries.He said the falling dollar has helped other precious metals to rise as a result of negative reports on weekly jobless claims data and the gross national product in the U.S. and falling consumer confidence indicators.The report predicted that the stability of gold above the rate of 1536 per week will be a strong signal to achieve new heights above 1576 dollars, the highest summit achieved by the gold end of last month, explaining that it is possible to record a quick profit-taking lead to decreases in price slightly.And silver, the report said the owner of gold to rise during the last week, but the pace is stronger, as it made gains of 8 percent, to ascend from the 5.34 dollars per ounce to the level of 8.38 dollars is considered a magnet for investors in addition to the consensus of many analysts to expect a rise in silver during the coming period to record levels, exceeding the highest peak recorded in 1983.He pointed out that the shortage in the supply of raw silver GCC markets saw increased demand from the investors and to ensure that storage systems to reap profits in the coming period
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