Friday, July 30, 2010

Forex Rates for July 30

Currency Symbol Buying
Selling
Charts
   Australian Dollar AUD 76.6 77.6
   Bahrain Dinar BHD 226.3 227
   Canadian Dollar CAD 82.4 83.4
   China Yuan CNY 12.3 12.8
   Danish Krone DKK 14.85 15
   Euro EUR 111.3 112.4
   Hong Kong Dollar HKD 11 11.4
   Indian Rupee INR 1.82 1.87
   Japanese Yen JPY 0.98 0.99
   Kuwaiti Dinar KWD 294 294.5
   Malaysian Ringgit MYR 27.3 27.8
   NewZealand $ NZD 60 60.5
   Norwegians Krone NOK 13.8 14
   Omani Riyal OMR 221.5 222
   Qatari Riyal QAR 23.4 23.55
   Saudi Riyal SAR 22.78 23.03
   Singapore Dollar SGD 62.4 63.4
   Swedish Korona SEK 11.65 11.8
   Swiss Franc CHF 81 82
   Thai Bhat THB 2.7 2.77
   U.A.E Dirham AED 23.28 23.5
   UK Pound Sterling GBP 133.2 134.5
   US Dollar USD 85.75 86.05


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When the economy is out of balance and the dollar is in decline, gold can be a smart investment—but don't be dazzled and forget to do your homework. Investing in gold has drawbacks and there's more than one way to do it. This page will introduce you to the ins and outs of golden investments.

There's no question that gold has value: It's dazzling to look at, useful in electronic components and still imbued with a nearly magical aura from ancient mythology. Its monetary value, however, is determined by the laws of supply and demand, just like that of any other commodity (such as diamonds or fertilizer). Gold has shown to be a solid investment during times of economic instability, but it may or may not be the best place to put your money in the long run. You'll want to know the benefits and drawbacks of investing in gold, as well as the various methods of investing, before sinking your hard earned dollars into it.
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Investing in Gold

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