www.bforex.com: Gold Shines On

Gold has climbed to record highs as safe haven and speculative traders have both looked for the precious metal in an attempt to keep and profit.

Whilst global equity markets have turned watchful, the unpredictability in the Forex and Commodity markets have been eye opening.

The EUR, GBP, JPY, and AUD are at near term highs against the USD.

Bad U.S. facts originated from New Home Sales and the S&P/CS Composite-20 HPI on Tuesday.

Whilst simultaneously the German GfK Consumer Climate submitted a lackluster reading yesterday, the EUR continues to find some push.

Core Durable Goods facts will come from the States today, even so the focus will still be the political congestion being witnessed in Washington D.C. associated with Debt Ceiling talks.

Individuals have shown to be tense, but certainly have a taste for profit if they think the possibility is there and Gold is evidence of this.