Gold Trading on 14th September 2011

Alicia Badilla By Alicia Badilla, 15th Sep 2011 | Follow this author | RSS Feed
Posted in Wikinut>Business>Investment

Gold Prices Today: 14th September 2011, why did the price of gold drop?

A look at what is happening right now 14th September 2011 in the precious metals market and whats driving it.

Gold dropped today to $1,822 today with the implied volatility also dropping.

Implied volatility is one of the most important indicators for Gold Options Trading. It is a measure of the expectation traders have for movement in the price. When this is down it gives a chance for big money to come back into the market in anticipation of it going up again.

Silver was down to $40.50 per ounce today.

Europe also is a hot topic for debate as growing questions about Greek debt are making headlines.

This next week the market will be watching carefully what the FOMC meeting on Wednesday will hold. the expectation is for another round of quantitative easing. We will see what Fed Chairman Ben Bernanke has to say.

Links To Related Articles On Wikinut By Author Alicia Badilla:

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Outside Links: About CME Group


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author avatar Alicia Badilla
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I'm a Traveler/Writer/Investor At times I interview interesting professionals. Thank you for reading.

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