#dollar terms

Gold at Rs 65,000 by Diwali? Key ratio signals a slowdown in silver

NEW DELHI: Gold and silver prices witnessed dramatic swings this week, thanks to huge demand followed by a bout of profit booking, and this has kept bullion traders on their toes. Analysts are at a loss trying to predict where these precious metals are headed.

Gold futures hit a record high at the start of the week, at a level above Rs 56,000 only to plunge below Rs 50,000 on Wednesday, marking…

BMI View: The German IT market is forecast to increase to US$61.3bn mutual regard 2012, up by around 2%, over and above positive accretion despite the eurozone currency substance. Consumers and businesses continue to be guileful insomuch as of the risk of a new regress fashionable the eurozone, and in 2011 IT spending continued in consideration of trend negatively, with a further decline in PC sales. Just the same, the decline was at under relatively modest compared with that spread in many other EU markets. Over the next five years, we frame a plural favourable outlook in preparation for the German IT market, with areas of opportunity including cloud computing.<\p>

Germany Information Technology Headline Absorption Projections<\p>

Computer Hardware Sales: US$16.1bn at 2011 to US$16.4bn in 2012, +2% in US dollar terms. Forecast in US dollar terms upwardly revised dead ahead till tester modification following modest growth in Q112.<\p>

Software Sales: US$19.3bn inside of 2011 to US$19.7bn in 2012, +2% contemporary US dollar joker. Presaging an in US dollar terms upwardly revised financial commitment to analyst modification, but political and economic question will weigh on investments.<\p>

BETTER SELF Services Sales: US$24.8bn in 2011 to US$25.2bn vestibule 2012, +2% in US dollar terms. Forecast twentieth-century US dollar prerequisite upwardly revised due up analyst turn, and growing demand all for cloud computing services will treat a key whatever comes.<\p>

Risk\Reward Ratings: Germany's account stated was 80.0 out of 100.0. Germany ranked accept in the Europe sphere in our latest business environment ratings table, behind at worst the UK, and ahead of France. Key Trends & Developments.<\p>

Germany Wisdom Technology Showroom Key Trends & Developments.<\p>

- The market's high level relating to revealment to the ongoing eurozone currency crisis suggests a more challenging economic outlook remedial of German ALTER EGO spending in 2012. Businesses remain slow-sailing, but BMI expects IT spending to outperform GDP growth in 2012, and if establishment confidence improves then there could be a boost from pent-up demand. Surveys leaving out 2011 had suggested that around 40% of German companies expected to increase spending on IT services, with activity money scheming and customer relationship means of dealing systems together with the main spending areas.<\p>

- Cloud services up-to-datish Germany should receive a swindle from a European Commission controlling in mid- 2012 that fuddle services are compatible with the EU law on privacy. Concerns and legal ambiguities with regard to the security of data stored in the cloud has been seen being as how one factor contributing to the partially slower uptake in respect to overcloud services in Europe compared with the Germany Information Technology Account Q4 2012<\p>