Gold & forex training

1. GOLD & FOREX TRAINING

2. POINTS TO BE COVERED TODAY:
WORLD GOLD MARKET FORMS OF GOLD INVESTMENT ANALYZING TOOLS (FUNDAMENTAL AND
TECHNICAL ANALYSIS) - ECONOMIC INDICATORS

3. INTERNATIONAL GOLD MARKET INTRODUCTION
 Gold Introduction:
Gold was found for 4000 BC
Special money for all circumstance
Reserved property Store
Safe investment

4. INTERNATIONAL GOLD MARKET INTRODUCTION-I
• Measurement System:
Karat system : Hong Kong and Asian countries
Gold 24k: Pure approximately 100%
Gold 18k: Pure approximately 75%
Gold 14k: Pure approximately 58%
Gold 12k: Pure approximately 50%
Note 1 karat 1/24= 4.1667%

5. INTERNATIONAL GOLD MARKET INTRODUCTION-II
Finesse system: Euro, London, USA…England &
USA used U.S dollar and Fitness system to count Gold
1000 Fitness = 100% gold
500 Fitness = 50% gold
• Measurement Unit:
Gold volume is calculated according to Tael.
1 Tael = 37.50 grams.
In the world, Gold is calculated according to Ounce or Troy ounce. 1oz = 31.103476 gram.
1Tael = 1.20556 ounce

6. MILESTONE OF GOLD MARKET
1792 , USA Congress passed the stand of bi- metal : gold and silver (19,30 USD/troy ounce).
1934, Franklin Delano Roosevelt president wanted to reduce USD value (35 USD/ounce).
12/1971, in the presence of the 10 most industrials countries met in the Washington capital (38
USD/ounce).
1973, USA Congress reduced USD value again (42,22 USD/ounce).
January 1975, established gold future center and COMEX Gold Board.
21/1/1980, gold prices rose above 850 USD/ ounce.
6/1993, gold prices at COMEX Gold Board was 347,50 USD/ounce.
17/3/2008, gold prices had touched 1032 USD/ounce.

7. FORMS OF GOLD INVESTMENT
Bar.
Coin.
Jewelry
Gold certificate.

8. WHO JOIN GOLD MARKETS
• Central Banks
• Speculators
• Financial Institutions
• Gold hoarders
• Portfolio Insurers
• The gold manipulators

9. FACTORS INFLUENCE THE GOLD PRICE
• Supply - Demand
• International political situation
• The macroeconomic policy – Central Bank
• Oil Prices
• Dollar strength: USD index

10. ECONOMIC INDICATORS
Interest rate : Usually, the higher interest rate the stronger currency’s value.
Employment situation
Nonfarm payroll, ADP nonfarm payroll, Unemployment Rate, …
The lower indicator, the weaker currency value.
Trade balance
Trade gap: reduce the currency value.
Trade surplus: increase the currency value.
Gross Domestic Product : GDP The higher GDP
, the higher currency value and vice
versa.

11. ECONOMIC INDICATORS-I
CPI: Consumer price index
• The CPI increasing put central bank under pressure to increase interest rate to curb inflation.
• The higher CPI, the lower currency value and vice versa.
PPI: Producer Price Index
• When manufactures have to spend more to supply products or service
• Increase productions costs
• Increase CPI.
• The higher PPI, the weaker currency’s value of the country and vice versa.
Home Sales
• Home Sales higher the value, the stronger the currency of the country and contrariwise.

12. CURRENCY TERM
• Base Currency
• The first currency in a Currency Pair.
• It shows how much the base currency is worth as measured against the second
currency. For example, if the USD/CHF rate equals 1.6215 then one USD is worth
CHF 1.6215 In the FX markets, the US Dollar is normally considered the 'base'
currency for quotes, meaning that quotes are expressed as a unit of $1 USD per
the other currency quoted in the pair.
• The primary exceptions to this rule are the British Pound, the Euro and the
Australian Dollar.

13. GOLD & FOREX TRAINING

14. THANKS FOR LISTENING
GOLD & FOREX TRAINING