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Aboutme.SubinFinance – Now Buy a House in United States, Will Gain Profit United States commerce department confirmed that there was demand of houses increased to about 1.206 million and the target estimated was 1.190 million. This is considered to be highest since October 2007. This will surely support the call for interest rate hike by the Federal Reserve.   The report has confirmed that the number of permits issued for constructing building has come down to 16.3% last month.  But the expectation is that it will be tumbling by about 8%. This makes the United Stocks to fall and United States Dollar made the hue-cry against all the six currencies of the basket. Dow Jones rendered a loss of about 0.35%. S & P future too lost 0.30% and NASDAQ dipped more than 30% respectively. Gold, Silver, Crude and Copper has fallen due to this appreciation. Gold Gold hit the low today and hitting more low due to immense pressure of United States Dollar to increase.  G...

Aboutme.SubinFinance Aboutme.Finance Get Google Apps & Make Money With Me[referral link]: https://goo.gl/2Mdc3E GOLD The prices of Gold gained as investors started buying due to market volatility on growth prospects of the region. Japan’s second quarter fell 0.4%, less than the target of expectation about 5%. Gold has rose 0.22% to US$ 1115.20 in New York Merchantile Exchange.  Silver, too has gained about 0.11% to US$ 15.230/troy ounce. In the metal section, September Copper delivery has fallen to 0.80% to $ 2.324 a pound. This is due to concern that expectation of oversupply and slowing demand due to Chinese market slackness. China is only country who has an annual demand of about 40% of copper in the world market.   Friday, Gold got the beating because USA economic reports shows producer prices were higher for the third straight month in July and factory output increased at the faster rate in the last eight months. United states consumer se...

"TRADING" - Chinese demand of Copper Scra p are on low edge in the first half.  Expectation is that there will be an increase in demand of Copper in the second half of the financial year 2015. This can happen only if the Chinese Government is coming up with some stimulus package to business community. The demand prediction of Copper in Chinese market will be 5.7% lesser than the expected 6.3% respectively.        Till July, the "TRADING" prices of copper will be dragging low and from August it seems that it will be moving higher. Invest in copper scraps when the market is low and reap profit out of it. The total demand for Copper in the second half is considered to be 9.2 million tones, far below the expected demand of 9.3 million tones. Copper in warehouses are offered at premium of $50/$60 above London Metal Prices, lowest since first quarter of 2013. This "TRADING" scenario happened due to metal scams, which...