| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
Fundamentals
The Feds will Determine the Trend
It seems that investors are slowly turning their back on the yellow metal as an alternative investment for the dollar as they all await the decision of the Feds tomorrow. The metal slipped to trade at the $890.90s per ounce level as it is getting no support what so ever from the high oil. The current strength of the dollar is offsetting the impact of the surge in crude prices. The slight rise witnessed yesterday due to a record high hit by oil failed to give gold what is needed to try to continue the upside wave or at the very least maintain those levels. But let
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