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The market opened on a weak note as a sudden shock from Cyprus rattled investors' nerves across globe. Banks in Cyprus have decided to impose a levy on depositors amid wide protests, which led to a fear of contagion across the financial system in Europe. Benchmark indices reacted to the news, following its Asian peers. The Sensex lost 159.36 points at 19268.20 while the Nifty fell 47.15 points or 0.80% at 5825.45. Biggest losers on the Sensex were Coal India (down 4.3 percent), Bharti Airtel (down 2.3 percent) and Hindalco (down 1.9 percent).... Get Full News with Share Tips here- http://sharetips-capitalvia.com

The yellow metal broke its falling trend as it started rising in the second half of the last week of August 2014. Price of Gold rose for the three days in four sessions of the week which is shocking for jewelers and investors who expected "gold prices to continue the fall till Diwali." There is no need to worry in mid-term considering prices of the commodity since Asian demand stayed low, US currency strengthened and equities surged in the week. Market analysts are waiting for a pointer from European Central Bank (ECB) to add in support to the price of the metal.

Gold has been used throughout history as money and has been a relative standard for currency equivalents specific to economic regions or countries. Many European countries implemented gold standards in the latter part of the 19th century until these were dismantled in the financial crises involving World War I. After World War II, the Bretton Woods system pegged the United States dollar to gold at a rate of US$35 per troy ounce. The system existed until the 1971 Nixon Shock, when the US unilaterally suspended the direct convertibility of the United States dollar to gold and made the transition to a fiat currency system. The last currency to be divorced from gold was the Swiss Franc in 2000.trade4target systems are simply systems that base trades off of breakouts of recent consolidation areas.Since 1919 the most common benchmark for the price of gold has been the London gold fixing, a twice-daily telephone meeting of representatives from five bullion-trading firms of the London bullion market. Furthermore, gold is traded continuously throughout the world based on the intra-day spot price, derived from over-the-counter gold-trading markets around the world (code "XAU"). The following table sets forth the gold price versus various assets and key statistics:

Tata Sons and it's ex Chairman Mr. Cyrus Mistry is fighting to prove their point. The Cyrus Mistry letter bomb should be considered as the lowest point of corporate communications ad information's were passed to media. Cyrus Mistry claim that Tata Sons investment or acquisition will lead to the write down of $18 bn which shocked the investor community and especially retail investors.

The tech-sector had a wild ride today, reversing early morning losses following the acquisition of Netlogic by Broadcom. Suspicion of further semi-conductor M&A drove the sector higher on Monday.