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                              Gold Trading In More Detail
The current speculation that the global economy continue to deteriorate saw a frenzy of demand for gold trading. The yellow metal has reached a high of six months on Friday from $ 952 per ounce.

Gold safe haven appeal of these difficult times is exacerbated by the following factors:

Alarmingly low level of investor confidence in the currency markets and capital.

Fiscal and monetary policies discussed and announced by major central banks and governments around the world, lack of clarity and vision. They are perceived by investors to be unsustainable and ineffective in the long term.

The measures are discussed and announced that major governments and central banks flood the market and the associated large amounts of liquidity to the banking system, which turns out to eventually be inflationary, and gold has always been regarded as a hedge against 'inflation.

Therefore, with the above in mind, as a forex broker offering online commodities trading, we expect demand for precious metals to continue with the main drive as the basis for a hedge against insecurity world. In the coming months is a high probability that gold will again call into question its highest level ever at 1032.70 and possibly beyond if the global economy continues to worsen. We should also mention that the negative correlation between the traditional gold and the dollar has collapsed in recent weeks, and both moving in the same direction, an indication saying that gold will continue its upward trend.