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Forex Market Commentary May 10th 2011

Forex Market Commentary---After significant correctional sell offs on most currency pairs, the Market tis in a small limbo waiting for breaks above an....

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Expand or grow your business with providing FX brokerage services from Lucror Capital Markets. We are striving to be the leading provider of foreign exchange services and one of the most recognized and trusted names in the industry.

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Gold hits record highs on weak dollar

Date Posted: 2011-04-24

Source: http://www.reuters.com/article/2011/04/25/us-markets-precious-idUSTRE73786N20110425

Five-tael (6.65 ounces or 190 grams) gold bars are seen at a jewellery store in Hong Kong in this April 21, 2011 illustration photo.

Credit: Reuters/Bobby Yip

SINGAPORE | Sun Apr 24, 2011 8:00pm EDT

SINGAPORE - Spot gold rose to a record of $1,513.70 an ounce on Monday, extending the record-breaking rally to the seventh consecutive session, as the dollar languished near its three-year low.

U.S. gold futures also hit a record high, at $1,514.50 an ounce.