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Monday, October 02, 2006

Physical Buying Pushing Precious Metal price Upwards

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Top Asian Countries Open for Trading.
Pushing the Precious Metals Upwards.
Radar shows Physical Buying occuring in Indian And few other Asian Countries, pushing the prices upwards.
We look ahead for Europe Market to open in few hours, Considering Physical Buying out there, would push the gold back upwards $600.
And Looking Europe Zone Economic Indicator today, would eventually set signals for Dollar fallback, giving slight support to Precious Metals in return.
Main Key is to look for Crude Oil prices, currently a little down $0.10, however recovering from early Asia price.

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