gold price trend

2011年12月5日 星期一

gold market long-term trend



 gold market long-term  trend
To understand the long-term part of the gold market, first know that the world has been mined gold in the end? According to GFMS gold research units, as of last year, the total area has been mined about 166,600 tons of gold, how to imagine this figure? Yangtian Li, vice manager of the Bank of Taiwan to describe precious metals, if all the 16 tons of gold concentration, the actual formation of a 20 meter cube (dimensions are 20 meters), if the general floor height is 3 meters, the world's gold pile up, about the length and breadth are 7 storeys high capacity.

If a considerable proportion of the gold to the market while at the same, of course, will collapse in the price of gold, is to observe the following parts of the six long-term focus.

Focus on a site about the stability of the gold distribution and

At present, all the distribution ratio of gold stocks, in order of gold ornaments, private investment, the central bank, other casting (industrial), other. Which more than half the proportion of gold ornaments, not only refers to the general family-owned jewelry gold, gilded temples or deities, ancient coins, gold utensils and so classified in the "decorated gold" under; followed by the "private investment" , then the cache, including bars, sovereign fund has a position, such as physical gold ETF.

Understand the stock distribution, the more important is to understand the stability of their respective owners. Yangtian Li said that if ordering by stability, high to low were: official (central bank), religion, containers, cache and traditional gold, other casting (industrial), epidemic gold, ETF and other investment sites.

Focus on two flagship ETF holdings whether the observed sharp decline

Since the stability of the worst parts of the ETF's investment, the need to prioritize observation. Gold soared in recent years, investment in parts, especially the holding spot gold ETF, while the amount of pro-Top 1 of ETF gold comes SPDR, SPDR Gold therefore part of the increase or decrease, as observed long-term loose parts is one of the indicators. Yangtian Li said, SPDR if one day by up to 10 tons, and for some time, is the warning.

August, SPDR had dropped a total of four days of nearly 50 tons of gold was still soaring, but the sharp drop from the SPDR site warning of view, should not be catching high; the price of gold plunged in September , SPDR parts to reduce the limited, but later began to rise, then do not be scrapping low. Yang Tianli remind people it is easy because the decline in investment expansion in disarray, should be evaluated SPDR holdings and other parts of the objective data before making decisions.

Focus on three central banks in emerging long line of investors continued to buy

Although parts of the central bank only 17% of total inventory, but the number of central bank gold release easily dozens of tons, hundreds of tons, the need for close observation. Into a country, keeping up the property (foreign exchange reserves) is the central bank should, fear of property devaluation, the central bank to buy gold is not to make a fortune, the biggest purpose is to hedge. Since buying gold to diversify risk, not to make short-term spreads, so, after the central bank to buy is usually not easily released, and became the highest stability, long line of investors in the gold market.

Long-term investment in gold is still the major central banks in emerging countries, as the world's three major currencies: dollar, euro, Japanese yen, has sovereign credit risk, but why central banks have foreign exchange reserves, largely these three currency assets, seeing three major currencies have become a "platoon vote" concerns, the current proportion of the limited savings bank, especially in recent years earned a large number of foreign central banks in emerging countries, continued to buy gold, there is no sign of loosening.

4 focus deeper debt crisis gold more firmly hold the European Central Bank

While central banks in emerging countries continue to buy, but most pro-gold, and the European Central Bank owed a huge debt, debt payments will not be released? Yang Tianli to Greece, for example, the proportion of gold 76% of its foreign exchange, at first glance a high proportion of the actual number of only 112 tons (late 2010), even if all the cash, only to raise more than 60 billion U.S. dollars, 500 billion for more than dollars of foreign debt, is totally inadequate.

Look at the "pig of the five countries in Europe," the biggest unexploded ordnance Italy, close to 2.2 trillion U.S. dollars foreign debt, Central Bank of the gold, although the amount of 2452 tons, the market value of more than 1300 translation billion, even if all sold, only 5% more than offset The huge debt. The problem is to sell gold stocks, national sovereignty of these countries for credit will be more loss of confidence, so Yang Tianli that deeper debt crisis in Europe, the European Central Bank should be more afraid to sell gold big hands.
 gold market long-term  trend

gold price is sufficient optimism



Because central bank of all the world are crazy in bargain-hunting gold moves, let the gold price is sufficient optimism. The end of September 2011, the international gold price fell to $ 1,543 / ounce range, then the central bank of Russia,

Thailand and other countries are massive bargain-hunting gold. the World Gold Council (WGC) released the third quarter report shows a total of more than three quarters of net central bank buying 148.4 tons of gold,
compared with 66.5 tons in the second quarter more than doubled the amount of net buying, the highest statistics in 2002 the sale of gold by central banks since the highest value. A variety of factors led to the price of gold was bottom after rising again into the channel.
gold price is sufficient optimism

Gold Trades Strategy



Gold Trades Strategy

From a technical analysis point of view, the price of gold should be another sprint up the opportunity to challenge a recent high of $ 1,762. But the news of the international price of gold on the basic of good painting, and even after the rise in national stock market has reached an important resistance. Therefore, gold prices rose to 1760 levels if the trend suggested a go, dropped back to 1700 to see whether the mark, and to 1763.5 as a stop loss.

Later if the market conditions for the support below the 1732/30 position, rebound short of attention or just stop breaking 1740, 1720 primary open target price. Break below this, only saw the 1700 off. Conversely, if the gold market rose above 1762/1765 resistance softened considering the purchase, stroke rose to 1780 levels.

Strong demand, boosting gold prices reaching a record high

Deepening debt crisis in Europe, the United States to continue the quantitative easing policy, the situation in East and North Africa turbulence, energy price shocks up, slowing economic growth in emerging countries such as environment, highlighting the gold store of value. As an important hedging tool for international capital, gold position this year continuation of last year, sharply rising prices, the market demand for gold investment demand in particular is growing.



The uncertainty due to global inflation and worsening debt crisis in Europe, the U.S. dollar long-term weakening trend, increasing gold's safe-haven demand, the global gold investment enthusiasm. World Gold Council, the latest released in November gold demand trends report that gold demand in the third quarter of this year reached 1053.9 tons, an increase of 6%, worth $ 57.7 billion, setting a record high. Market demand for gold mainly from investments, gold, central bank reserves, four aspects of industrial demand. In the third quarter of 468.1 tons of gold investment demand, an increase of 33%. Central banks continue to increase their gold, gold in its reserves in the proportion of the total rising in the third quarter, the global central banks bought a net 148.4 tons of gold, of which a large range of developing countries, central banks buy gold, while the European central banks significantly reduce the the amount of gold sold, mainly to support the future of gold from central bank buying. The third quarter of industrial gold demand reached 120.2 tons, maintaining the level last year.
Strong demand, boosting gold prices reaching a record high. As of mid-November, this year's $ 1,560 an ounce gold price, average price of $ 1,224 over last year has risen 28 percent, on several occasions during the break through $ 1,800 an ounce mark. The first quarter of this year, gold prices rose 2.4% last year, London March 31, the price of gold reached $ 1,439 an ounce this year, start at the beginning of the long-term gold price of gold come true upward trend. The second quarter of the price of gold is steadily rising, the average price of $ 1,506.13 an ounce, growth of 8.6%, after hitting a high of $ 1,552 an ounce. The third quarter, the price of gold is surging, the average price per ounce $ 1,702 quarterly, an increase of 39%, September 5, 6, London, gold reached $ 1,895 an ounce, a record high. First quarter gold price fell from a high of September, then all the way to recovery, great prices peak and then washed trend

2011年12月2日 星期五

Gold price



According to the Securities Times, December 2, the world's central banks join forces to rescue the market, lower interest rates to stimulate the overall rise in the stock market and commodities, gold gains significantly. Analysts expect the euro zone sovereign debt issues and the United States next year will continue to bring commodity prices and stock market risk, and gold should be the sovereign debt risk from the benefit, a risk hedging tool, the performance will be better than other assets.
 Overnight international gold standard by the Chinese central bank reduced the Fed and other central banks join forces to rescue the market six and many other unexpected sharp rise in positive stimulation, the highest intraday rose to $ 1,750, up $ 31.7. To continue yesterday's Asian session, higher volatility, intraday $ 1,758.
 Affected by this Thursday, the Shanghai gold futures gapped, the major 1206 contract rose 4.51 yuan, transactions and positions were reduced. Early yesterday morning, gold futures positions have declined sharply, turnover increased dramatically, indicating funds have short stop at the beginning of the opening as well, but still no large-scale admission of new evidence of long funds.
 Galaxy futures analyst Zhang Yingying that the global central bank's move should be a dialectical perspective, on the one hand, the global central banks join forces to rescue the market to ease the market sentiment on the other hand, the central bank rescue group shows there are serious downside risks to the economy. Moreover, the current global financial system, the biggest risk is the European sovereign bond markets, central banks inject liquidity group, is still not fundamentally solve the problem of the euro zone sovereign debt, medium and long term, the rescue effect is doubtful.

Spot gold closed $ 1,745.80



Wednesday Spot gold closed $ 1,745.80 / ounce, up $ 31.41, or 1.83%; Spot silver closed $ 32.78 / ounce, up $ 0.87, or 2.83%. Yesterday, the European debt crisis continued to affect the economic collapse of the moment, the world's six major central banks finally forced to take action to reduce China's central bank unexpectedly kept precision, six joint central bank dollar swap rates lower and extend the period of market liquidity, market drying up of liquidity concerns ease, more than expected U.S. ADP employment, risk appetite, weighed on the dollar lower, gold and silver following the surge in risky assets, the euro zone finance ministers reached a consensus on EFSF expansion, good news was short-term effects, long-term close attention to the European debt problems in a specific decision to implement
 Spot gold closed $ 1,745.80

gold price



 gold  price 
New York Mercantile Exchange (COMEX) 2012  February gold futures closed up on November 30, or $ 31.4 1.8% at $ 1,750.3 an ounce as the dollar fell 0.8% effect, March silver futures closed up 2.7% as per $ 32.804 an ounce. January platinum futures rose 1.3% as U.S. $ 1,560.8 an ounce and March palladium futures rose 4.85% closing a $ 612.6 an ounce. Monthly price of gold rose 1.45%, silver platinum and palladium fell 4.5%, 2.9% and 5.9% this year, gold and silver were up 23% and 6%, platinum and palladium were down 12% and 23.7%.
The world's largest gold exchange-traded fund (ETF) - SPDR Gold Trust (GLD.US) 11  30 1.21 metric tons of gold holdings increased as 1,298.53 metric tons, the cumulative increase in November, 54.98 tonnes. Largest silver ETF - iShares Silver Index Fund (SLV.US), 11  30 silver holdings flat at 9,627.88 metric tons, a cumulative reduction of 135.68 tonnes in November.
 gold  price 

Gold price



gold price
Network will enable the introduction of temporary swap lines to provide other central banks the Bank of England sterling, if necessary, and provide liquidity to the Bank of England, should be necessary, the Japanese yen, euro, Swiss franc, Canadian dollar (U.S. $ in addition to existing operations).

First, this should encourage home only in an unstable state of the financial system is in now. In essence, this is a re-run agency in 2008 has become skeptical about lending to each other. Therefore, the central bank's step, and now other people's habits, or can not provide "liquidity." To read more FAQ issues here.
In essence, this is just another iteration of the central bank's only tool - printing money.
However, this should be another than how quickly and "blue" concerted action to remind them. You go to sleep, all is well, then you wake up only to see the world is your money the central bank devalued again.
In the grand scheme of things, this is just a small version of the final "grand concerted action" looks like. Imagine the news before going to bed and get up, the International Monetary Fund, to take concerted action, and the revaluation of the SDR currency is now worth half of what is worthy of yesterday.
This is the future, today's action, should wake up those who protect their wealth continues to reduce the call.
gold price

The central bank has agreed to reduce the pricing of 50 basis points in the existing temporary dollar liquidity swap arrangements

readers will all the news today, the world's central banks to take "concerted action" was not surprised. Coordinated action, of course, a euphemism for printing, the press is a good way to spike gold £ 1750 for $ 1110.
24-hour gold pounds:
24 hours gold dollars:
You can see from the above chart, the trend line in 2011 is still good.
So, what is "concerted action"? Release from the Board of Education:
Bank of Canada, Bank of England, Bank of Japan, the European Central Bank, the Federal Reserve and Swiss National Bank announced today that concerted action to improve their ability to provide liquidity to the global financial system support. These actions are intended to ease the pressure on financial markets, thereby reducing the supply of homes and businesses and other strains of credit to help promote economic activity.
The central bank has agreed to reduce the pricing of 50 basis points in the existing temporary dollar liquidity swap arrangements, the new interest rate, the U.S. dollar overnight index swap (OIS) rate plus 50 basis points. This pricing will be applied to from the December 5, 2011 for all operations. The authorized currency swap arrangement has been extended to February 1, 2013. In addition, the Bank of England, Bank of Japan, the European Central Bank, Swiss National Bank will continue to tender for three months, until further notice.
As an emergency measure, the central bank also agreed to establish a temporary bilateral liquidity swap arrangements, in each national currency in any jurisdiction that can provide liquidity conditions, the warrants market. Currently, there is no need to provide their national currencies other than U.S. dollars of liquidity, but the central bank to determine prudent to make the necessary arrangements to enable the liquidity support operations can be put in place quickly should the need arise. Swap lines until February 1, 2013.

2011年11月29日 星期二

gold prices rise reasons


As the rumors, the International Monetary Fund (IMF) to prepare € 600 million ($ 801 billion) aid package to fight the Italian air, the stock market and other commodities and gold prices.Gold prices, gold prices despite the recent correction. Average annual price babsis, gold outperformed almost all of 2011 the stock market and commodities, the prices remain high $ 259.70, or 20.3%, for the 11th consecutive year in advance.Speaking want the gold price, Barclays Capital analyst Suki Cooper, precious metals forecast, gold prices in 2011 and $ 2,000 for the fourth quarter of the average $ 1,875 per ounce in 2012. She did not mention, however, "In the short term prices seem a little soft, but we are still positive longer-term."
She gives her predictions, because "the continued concern about global economic conditions, which will continue to support investor interest in gold." She also added that "physical demand for gold rise late, and the gold ETF flows picked up in October, which has continued into November."The price per ounce of gold will be in the last few days, due to the weak dollar, sending the price of gold soaring

Comex division of the New York Mercantile Exchange gold for December delivery rose U.S. $ 1,716 an ounce, $ 30.30. Each Kitco's Gold Index, the yellow metal's price and the spot price stays at $ 35 an ounce $ 1,722.40 $ 1,684 transaction.Hope to rise, stronger currencies of 17 countries, a fiscal union, will help curb the debt crisis, gold prices rose sharply and the dollar weakened against the euro.According to reports, the euro area countries in the negotiations to create more between countries of the euro fiscal consolidation - will be the euro area have agreed to implement austerity measures. The euro area, German Chancellor Angela Merkel and French President Sarkozy's decision will enable the country to give up some sovereignty in order to save the euro.A strong physical buying also sent gold prices. The SPDR Gold Shares of (GLD) According to reports, now has nearly 1,300 tons of gold as investors actively bought the week before.
In a recent note by the Barclays, it was said, exchange-traded products increased by more than 70,000 tons last week, 2,273.5 tons of total metal to a new record. It said, "We are optimistic and look forward to the area of ​​$ 1,600 to buy above resistance around A $ 1,736 break will confirm our views and open to around $ 1,803, and our target area of ​​$ 1,840."Oliver Pursche, a common combination of GMG defensive Beta fund manager said, "This is a bit a three-game winning streak.
gold prices

2011年11月25日 星期五

gold market gold price rose

Which constitutes the pressure on gold. Although the long term, prospects for the economic situation worries, will make many \ and more countries introduce quantitative easing policy, the ultimate good gold market. But the short term, funds to be returned to the gold market still needs some time and with the relevant market. Such as the dollar fell into the round end of a strong market adjustment.


Or have other geopolitical news, very good match, it can ultimately change the current relatively weak state of the gold market. Recommended more attention to the current geopolitical situation and the dollar. Expected price of gold will continue to run in the 1685-1710 range-bound, waiting for news stimulation. However, considering the behavior of ETF holdings continuous, we remain bullish centerline point of view, it is proposed to continue the bargain-hunting investors a lot of middle holdings of gold, rose gold and wait.

2011年11月24日 星期四

gold ETF SPDR Gold

Federal Reserve Chairman Ben Bernanke asked officials to consider longer-term goals and the Federal Reserve released the policy strategy statement. Fed officials discussed the Fed's policy with nominal GDP and price level targets such as linked, but decided in the current environment to make such a change is unwise. In addition, the pace of economic recovery that Fed officials will likely continue to be a lasting negative factors dragged down for some time.
Recent data show that the economy is unlikely to relapse into recession, but officials believe that the downside risks to economic growth prospects huge risks, including the European debt crisis intensified when the spillover effect, the Fed should consider further quantitative easing policy. The wording of the Fed minutes modest little effect on the market. Euro area, German Finance Minister Schaeuble said Tuesday in a speech at the parliament, we will take all measures to prevent threats to the stability of the euro area. However, we can ensure that Europe will only maintain a steady approach to monetary measures, it is our commitment to give the euro, the euro is a stable currency, an independent central bank, and will not become the country's financing side. International Monetary Fund (IMF) said on Tuesday it had approved a new lending facility, to better help countries cope with economic crisis, including IMF donor countries receive capital contributions of up to ten times the equivalent of a loan. This message constitutes a boost to the gold market. In addition, the world's largest gold ETF SPDR Gold Trust recently released data show that, as of November 23, gold holdings of 1297.32 tons, 6.05 tons of gold holdings, institutions continue to show long Masukura still firm, the market outlook for gold increasingly more confidence.

Europe's growing debt crisis

Fitch Ratings (Fitch) said Wednesday that Europe's growing debt crisis, the economic downside risks, and liabilities of the increase may be the French sovereign rating of AAA risk.

November 23, auction of government bonds in Germany, the euro after the decline began to intensify. Treasury auction results for Germany since the advent of the euro one of the worst. This means that the debt crisis may have spread to the euro zone, "the last piece of land" - Germany. France, the euro zone rating and ratings are subject to a warning.

The German Federal Government on Wednesday a € 3.644 billion auction of 10-year bonds, coupon interest rate of 2%, the average bid rate of 1.98% over-subscription rate of 1.1, suggesting that poor demand for government bonds.

global gold ETF holding gold to a record high,

 According to Bloomberg statistics, during the Indian festival of Diwali, from October 20 to November 8 only, the price of gold was at $ 1,800 an ounce very, or 11.7 percent.

Fourth quarter of this year, decorated with gold season, gold, although not too passionate show, but still maintain high shock was up pattern, with the end of Diwali in India, having a look then? Days of Investment Consulting, said, followed by Chinese New Year approaching, decorated with gold demand is expected to remain buoyant, especially in Europe and the debt wild fire, stop, continue to attract the influx of gold investment demand, pushing up global gold ETF holding gold to a record high, so gold and gold shares fund Expectation still optimistic with the matter.

2011年11月20日 星期日

gold prices rise reasons


http://goldenprice.blogspot.com/2011/11/gold-prices-rise-reasons.html
Gold analysts said Bank of Taiwan, the European sovereign debt crisis interference with international financial markets, international funds into U.S. dollars, to suppress short-term trend of gold; However, the current research trend is still bullish on gold next year, the proposed gold investors every fall, can approach bargain in batches layout.

Gold analysts said the world price of gold fell last week, the current upward pressure on areas around the 1780-1800 U.S. dollars, lower support around 1700-1710 U.S. dollars falls.

In addition, from the world's largest gold index fund ─ SPDR gold ETF holdings of view; as of November 17, the SPDR Gold ETF's holding the number of 1268.66 tonnes of gold, last week's positions increased more than 20 tonnes, showing investment capital gradually withdrawn from circulation.

Polaris Gold futures trust fund manager Li Fang wide that the international price of gold by European debt problems at this stage interference, and low strength of buying a double squeeze, fear of wandering in the next quarter online.http://goldenprice.blogspot.com/2011/11/gold-prices-rise-reasons.html

2011年11月19日 星期六

gold price close at 1720.2 U.S. dollars



Overnight COMEX12 December gold dropped $ 54.1 / ounce to close at 1720.2 U.S. dollars / ounce, the domestic front, the main 1206 Shanghai gold contract today opened sharply lower, off a small shock, to close, to close at 353.56 yuan / gram, trading volume and open interest has increased.

In Europe, Spain, Thursday, 10-year bond sale the highest bid rate is 7.088%, the average bid rate of 6.975 percent, the highest since 1997, the highest level. In France, 2-4 on Thursday sold bonds, borrowing costs jumped by about 0.5%, the market worried about the debt crisis and further spread to France.
United States, announced yesterday the U.S. data better, the U.S. Department of Commerce (DOC) published data showed U.S. housing starts in October, a total of 628,000 years of better-than-expected 610,000. In addition, the U.S. Labor Department data show that the United States on November 12 when the number of claims for unemployment benefits fell by 0.5 million to 38.8 million, is expected to be 395,000, to 7-month low. Positions, as of November 17, the world's largest gold ETF - SPDR's gold holdings increased 12.102 tons, to 1289.457 tons.

gold price fell to $ 1,710 per ounce



International U.S. dollar rose, the  gold price fell to $ 1,710 per ounce mark, to attract investment buying came out. Bank of Taiwan Ministry of precious metals trader said yesterday after the opening price of gold buying Chao Wang, a large number of pay have been bargain-hunting, gold purchases is 2 times the previous day. Yesterday the price of gold up to $ 1,731.59 as low as $ 1,710.64, gold ornaments on each domestic price of 6540 yuan of money to sell.
     "We want to approach a bargain!" Record breaking price of gold finally, back near $ 1,710 per ounce safety buy, many investors such as long, and quickly increase the gold parts of the approach, so that trading volume yesterday greatly increased. Department of precious metals trader at the Bank of Taiwan, said this month, yesterday, the most "lively" in the past that gold prices go too high, do not start buying gold investors, all withdrawn from circulation.
     Analysts said gold, gold and the dollar's recent "reverse relationship" more and more clear, as long as the dollar fell, gold will rise. In addition, the recent gold and the stock market is also linked high, have shown the trend was up crash. People interested in investing in gold, the dollar can be observed and stock market volatility, timely approach to increase or decrease the holding area.

2011年11月3日 星期四

the international spot gold rose



Profit taking by investors as well as a stronger dollar, the international spot gold rose overnight from last week's highs. Tuesday continued a slight decline in early Asia after the rebound, currently trading at $ 1,723.00 / ounce. Analysis pointed out that short-term trend for gold speculators are still cautious, short-term gold trend expected turbulence.
 Japanese Finance Minister Ann live soon (Jun Azumi) Monday (October 31) said in a statement Monday, the Japanese authorities unilaterally intervened in currency markets. On live soon pointed out that Japan seeks to suppress the interference behavior of speculators pushing up the yen, because the appreciation of the yen threatens to undermine the Japanese economy since the March earthquake recovery.
 Royal Bank of Canada Capital Markets (RBC Capital Markets), precious metals analyst said George Gero, Japan's intervention in currency markets pushed the dollar higher, and some of the funds due to the lack of details of the euro rescue package on Monday to settle positions cause the price lower. At the same time, some investors do not want to sell gold, because of slowing U.S. economic growth and continued concerns about euro zone debt crisis, they think that the future market volatility will be greater.

 However, George Gero also pointed out that the global Man Financial (MF Global) filed for bankruptcy on the possible impact of financial market uncertainty on the other hand, to prevent large-scale investors, bargain hunters.

the international spot gold rose

Gold prices rose reasons



Gold prices rose reasons
 1 safe-haven demand
 2 Greece 6 pen assistance loans for the question whether or not there
 European stocks rise 3 bottom, the dollar index finished lower, spot gold end modestly higher.
 3 Federal Reserve (FED) lowered estimates of future economic growth also constitutes a gold guide and support.
 4 The sources said that in Greece to the European Union (EU) rescue plan for the recent referendum,
 European Union and the International Monetary Fund (IMF) will not be released to Greece under the $ 8 billion euros in a rescue loan.
Gold prices rose reasons

2011年10月29日 星期六

the international gold price



the international gold price
According to foreign media reports, the Dutch finance minister Deya He said that because the EU finance ministers have been restructuring the banking sector the most important thing in this agreement, so a separate meeting is no longer necessary. But investors remain worried that the EU's ability to reach a comprehensive settlement of the European debt problem.

In addition, the United States also came the bad. U.S. Conference Board announced on October 25 consumer confidence report showed U.S. consumer confidence index unexpectedly fell sharply. Data showed the U.S. October consumer confidence index dropped dramatically to 39.8, far below the expected 46.0, and hit its lowest level since two and a half. The index was 46.4 in September. Consumer Confidence Index fell again led the market's worries about the future U.S. economy.

Affected by this, hedge funds into the gold market, the international gold price is significantly elevated. October 25, the London spot price of gold rose 51.2 U.S. dollars / ounce, or 3.1 percent, to $ 1,704.9 / oz closing, more than a month for the first time back to $ 1,700 / ounce mark at the top.
the international gold price

2011年10月28日 星期五

factors affecting the gold price



Generally speaking, factors affecting the price of gold can be divided into "political side" and "economic side" of two categories.
Several main factors summarized as follows:
Political aspects
Political factors: 1991.8.19 Soviet gold in 1 hour $ 10 rise; Gulf War broke out in 1992, gold prices stood 400 U.S. dollars / ounce less than; September 11, 2001, the price of gold soaring $ 17 (from 276 ~ $ 293), an increase of 6.2%. Other situations, such as Israelis and Palestinians, the situation in the Taiwan Strait, North Korea are in a precarious situation, the international situation as the main cause of price rise in recent years, predictable gold hedging will be further strengthened.

Economic sideU.S. dollar: an increased risk of U.S. debt, foreign debt accounted for 46% of gross domestic product, economic structural problems have become increasingly prominent. The basic relationship between gold and the dollar relative to U.S. dollar fluctuations often affects the price of gold.
Energy activity: fluctuations in oil prices affect the world economy, especially the United States. U.S. economic trends affecting the U.S. asset quality, rise and fall along with U.S., also contributed to the gold price fluctuations. In addition, higher oil prices caused by inflation concerns, prompting U.S. interest rates, although this benefit dollars, but if the long-term high inflation, high interest rates coupled with high oil prices and the adverse effects on the economy, will deepen the economic stagnation of inflation concerns, which makes gold a store of value even greater.
Central bank activity: large gold by central banks, according to the World Gold Council announced the world's total gold reserves of 32,650 tons, about 13 times the world annual production of gold, so the sale of gold by central banks has become the trend of the main factors affecting the price of gold. With the dollar falling, the European Central Bank selling of gold reserves at the same time, central banks in Asia and the Middle East, but in order to adjust the foreign exchange reserves to absorb the gold structure, reducing the proportion of U.S. dollar assets, which is one of the reasons to support gold prices.
Technology Industry: Gold and strong as ductility, plasticity, electronics, electroplating, medical and other annual consumption of about 60 tons, about 17% of total consumption. So the more developed industries, high demand, the price of gold rose.
Consumer factors: the rise in the global economy, rising incomes, demand and supply of gold itself makes the price of gold in 2005, after increasing the dollar off the hook, correlation decreased. Changes in consumer factors can influence short-term trend of gold, so the main consideration for seasonal effects, such as the annual Golden Week, the Spring Festival holiday, and the peak of the Indian marriage in October, buying gold demand.
Global gold supply and demand: the current state of the world's gold is still in short supply, is likely to further exacerbate the gap between supply and demand, gold prices are basically caused by fundamental factors. The report notes that in 2004 the first time the world's gold supply and demand in short supply. South Africa's high-quality gold resources depleted, it is estimated that only a small amount of gold in South Africa can continue mining until 2025, gold production growth rate will be reduced by one third than at present.
reasons  affecting the gold price

Reasons -the international gold price continued to rise



Make Liang pointed out that in recent years, governments crazy printed banknotes, leading to the value of banknotes continued to decline, coupled with the United States to abandon the "gold standard", printed banknotes are no longer based on the relative value of gold money stock .

     As a large number of countries to print money on the impact of Taiwan, Make Liang said the export-oriented Asian countries, U.S. exports will get back, but not to the street to buy things in dollars, so we should replace the New Taiwan dollar currency use.

     Make Liang for example, China's total exports for the year at $ 3 trillion, the relative constraints to be printed six times the yuan, that is, 18 trillion yuan, a year so the mainland was forced to print 18 trillion of money, of course, the hands of local people will there are a lot of cash.

     In addition, prices continued to rise for the cause of Taiwan, Make Liang also directed, because Taiwan is export-oriented countries, the manufacturers of export commodities in exchange for U.S. dollars, the Government must step up India to about 30 times the NT.

     The trend for gold, Make Liang stressed that all sectors have different versions, some say $ 2,300 an ounce before the end, it was said will reach $ 5,000 an ounce, or even let it be someone breaking $ 15,000 an ounce, but he that breaking $ 15,000 an ounce, should be unlikely.

Reasons -the international  gold  price  continued to rise

Gold and silver jewelry prices edged up



Gold and silver jewelry prices edged up
    Yesterday, the Shanghai Stock Exchange Gold opened at 351.96 yuan / gram, to close at 352.79 / g in January to new record high. China's gold 366 gold yesterday yuan / gram, silver price of 9.13 yuan / gram, the former than the price of upgrading 25 of about 10 yuan / gram, which raise the price over 25, 0.6 yuan / gram.
    China Gold said the person, traditionally, gold and silver sales in late October is the off-season. But gold jewelry sales up 20% over last year, silver jewelry is about 10% increment. Yesterday, Chow Sang Sang jewelry gold price of 437 yuan / gram, bullion price of 429 yuan / gram, compared with a few days ago there was up.
    Southwest International Jewelry City yesterday investment in gold bullion price of 364 yuan / gram, investment in silver bullion price of 7.78 yuan / gram, both priced the same as with the day before yesterday, but the former is higher than 25, up 12 yuan / gram, which is higher than 25 rose 0.42 yuan / gram.
    Factors that stimulate the gold hedge
    "Gold prices rose again in the end I should buy?" This is the city's many gold investors are tangled in a recent issue. After some time ago the price of gold plummeted after two days back up, hit a new high of nearly a month, but the city seems to be gold or afraid of people.
    City sources said a joint-stock banks, the early gold prices plummeted, some people are deep-set, the next step on the market trend of lack of confidence. Merchants Bank Chongqing Branch of the high order of good financial experts believe gold prices in recent days, mainly hedge factors may play a role. Now the euro area after an agreement to resolve the debt crisis, may reshape the market confidence, and thus the gold price trend in the next step to bring good news.
Gold and silver jewelry prices edged up

2011年10月27日 星期四

international gold prices rose



External debt worries deepen the EU, international gold prices rose, the latest stop on the closing price of $ 1,723.5 an ounce, taking advantage of this wave of gold fever, there are online shopping industry cooperation and the Swiss foundry orders through the Internet as long as 14 days time, people can receive physical gold and silver floor, with at least two to one compared to the number of take-off, network operators can trade a minimum of 1 gram. ...
international gold prices rose

the debt crisis in Europe is very sensitive.



The euro, investors any possible solutions to the debt crisis in Europe is very sensitive. EU summit yesterday hastily, this EU summit has three major issues, which have reached agreement to expand EFSF, while Greek debt by total capital restructuring and banking issues have reached a basic agreement. More after the finance ministers' meeting in November will do on the discussion. Four times the leverage of the euro area will EFSF to 1 billion Euro. Beijing this morning banks have basically agreed to write down 50%, boosting the euro rose sharply. The restructuring of the banking capital, countries have reached 9% capital adequacy ratio of a consensus. EU summit, however, these agreements are not reached will be able to solve the problem of the euro zone out? The answer is no, the use of leveraged debt to solve the enormous problems there will be serious consequences, fear of triggering a new crisis. After the publication of the draft statement in the euro area, euro dollar briefly rose. In addition, Asian countries will provide financial support for the euro area, the Asian countries to ease the debt crisis in Europe to boost the euro support is the most important factor.

the debt crisis in Europe is very sensitive.

international gold price



international   gold  price  led by gold stocks 26 stocks rose across the board. Hong Kong market, gold stocks generally rose early, Lingbao Gold rose 4.76%, Zhaojin Mining rose nearly 3 percent, China International Gold also rose more than 2%. Is ascribed to the domestic gold stock, plate or top, 26 closing, Ronghua Industry gains of 8.23%, Zijin Mining gained 6.26%, Hang Bong shares rose 5.59%, Shandong Gold rose 5%, in Gold or 4%.
 international   gold  price

Gold Association, Guangdong Province, Zhu Zhigang, chief analyst, told reporters on the China Economic Times, from a technical point of view, after finishing the recent shock, Japan intends to form a double-dip gold K line shape in the short term there is likely to rebound further support, in a rising gold price the trend. In the stock market trend, based on the gold price affected by the strong gold stocks, but more positive stage.
 Market analysts believe that investors held 26 European Union summit to reach a settlement agreement debt problem solution skeptical, the spread of market risk aversion.
 October 25, the German commercial banks said gold trend in the EU summit may be limited, if the Fed to ease monetary policy further, the gold may be strong. "If the EU summit issued the debt crisis solutions, gold may be slightly higher at the same time, the Fed launched within the QE3 and other loose monetary policy are growing, which will ultimately weighed on the dollar and good gold
international   gold  price

2011年10月18日 星期二

Gold price decline


 Gold  price decline
A stronger US dollar, the demand for gold as an alternative asset by Dayton, New York, gold hit a 18 the biggest decline in two weeks; and by the world's largest metals consumer slowdown in economic growth in China dragged down the second consecutive day in New York copper futures fell to the ground.
 The New York Mercantile Exchange (Comex) 12 month gold fell 1.4 percent, to close at 1,652.80 dollars per ounce, the biggest decline rewrite 4.

 Gold  price decline
Gold on September 6, once soared on the new price of $ 1,923.70, but the decline in September is still on-line record the largest since October 2008, the price of gold has been tired in October rose 1.9%.
 New York, December copper fell 0.5 percent, to close at $ 3.36 per pound.
 London Metal Exchange (LME) 3-month copper fell 0.6 percent, to close at $ 7,448 per ton, $ 3.38 per pound considerable.

International gold price


International gold price
since the September 23 fall below $ 1,700 per ounce, nearly two weeks of gold per ounce in 1600 - $ 1700 range-bound, silver floor, the emergence of bargain hunting, "buy gold rush" to buy gas for more than two percent more than the previous : yesterday the price of gold rose to $ 1670 a small up and down. Gold traders said the Bank of Taiwan, as long as the news of not deteriorating, gold broke $ 1,700 before the end of a very high probability.
     Taipei Association chairman Liwen Qin said gold and silver jewelry, gold fell back this wave, active bargain hunting investors, mostly gold bullion, gold bars, mostly to buy 5 single highest proportion of two gold, current market price of about NT $ 32 million, to be after the release of future gold prices, earning the spread.
     International gold price
Liwen Qin said that the current investors are still male-dominated, accounting for more than 7 percent, over the age of between 40 to 50 years old, stand on the $ 1,920 the previous gold high when sold in batches, keep cash around, take this wave of low-grade re-replenishment; The decorated with gold, is still engaged, births, birthday demand mainly due to economic downturns, Liwen Qin said, people are still buying increasingly conservative attitude.
     TSMC chairman Morris Chang said that the economy will be bad to 2013; Liwen Qin pointed out that the stock market, real estate plunged, but with a safe-haven gold, even if the degree of decline is limited, if excluding short-term investments, make the difference reasons, we recommend gold accounts for about 1 percent of asset allocation.
     Precious metals prices this year by the impact of the global mining and resource stocks rebounded sharply recently, the recent rebound associated lift resources fund, according to statistics, since October, including BlackRock World Mining, Germany Sheng Deli global resources industry, JPMorgan Global natural resources Fund, etc., or more than 10% of outstanding short-term rate of return: JPMorgan said it with the mining industry who have recently been rel
International gold price

gold price rising


 gold  price  rising
European debt crisis, there will be no short term solution, with mixed U.S. economic data, the dollar rose, pushing gold down. New York, December gold fell $ 6.4 an ounce, or 0.4 percent, to $ 1,676.6, electronic trading continued to fall 0.24%. gold  price  rising
December silver fell $ 0.35 an ounce, or 1.1 percent, to $ 31.82, e-grind 0.21%. December copper fell 3 cents per pound, or 0.9 percent, to $ 3.38, electronic grind 0.86%. An ounce in January platinum fell 3.1 to 1551.8 U.S. dollars, 0.21% electronic grind. An ounce and December palladium fell from 3.75 to 616.8 U.S. dollars, 0.25% electronic grind. (Vi / a)

Gold prices continue rising



Gold prices continue rising,

Gold prices continue rising
analysts say, gold retail investment purchases entities and the ideal, the gold still get support after more than a single investment and speculative funds to wash out the gold market is currently bullish.

New York gold futures closed up on Friday, rewritten since early September, the biggest weekly gain, mainly due to rising demand for jewelry and coins, commodities and stock market boom.

Gold prices continue rising
In addition, U.S. consumer spending higher than expected in September, has brought optimism to Wall Street, supported the gold price higher. Gold prices on Thursday, also helped attract buying approach.
With the Group of 20 (G20) began to discuss the attempts to prevent the debt crisis in Europe, U.S. retail sales data is also better than analysts expected, since December last year, commodities toward the biggest weekly gain forward, while the global stock market is ready to write down the most since July best weekly performance. India, the world's largest gold consuming country and the religious celebrations this month, the eve of marriage season, gold demand is likely to heat up.
New York Mercantile Exchange (COMEX) 12-month gold closed up 0.9 percent on Friday, reported $ 1,683 per ounce, up 2.9% in total throughout the week. U.S. retail sales data after the announcement, gold and other commodities with other asset prices.
Standard Bank Group said in the report, physical gold demand has reached at least since 2009, one of the most powerful level.
Gold prices continue rising
Containing Al-Douri, including the Swiss banking group in London analyst mentioned in the report: "The recent price movements and risk assets was a positive trend, which means the next few months will be living in mixed gold space, thanks to the business cycle increased risk to a certain extent, as well as the full impact of sovereign debt risk. "

Controlled by a bull gold market
Analysts said the gold market is now controlled by the bull. By the recent market turbulence caused overbought, seems to have ended. The market trading has become more reasonable.
Gold may remain supported by the European sovereign debt concerns, although there are recent signs of optimism, is still far from over.
Over the past few days, gold stocks tend to trend with the United States, safe-haven appeal faded. U.S. stocks rose on Friday, the week up 4%. Over the past few weeks, the gold market under pressure. Wall Street fell, prompting investors to sell gold and other metals, for cash, pay the deposit.
Weaker U.S. dollar also helped support gold and other raw materials futures. Tracks the greenback against a basket of six currencies dollar index fell to 76.699, to 76.978 on Thursday
Gold prices continue rising

2011年9月6日 星期二

Grasp the reasons of gold price increasing!buy gold to make money

Grasp the reasons of gold price increasing!buy gold to make money

 1 euro, British pound Canadian Dollar-denominated gold prices are at record highs today
 2 concerns the global economic situation
 3 new demand is still greater than the existing gold mining trends in supply
 4 Europe's debt crisis will worsen
 5 in the hedge demand is pushing up
 6 surface, such as inflation and economic uncertainty
buy gold to make money

2011年9月5日 星期一

Gold rose reasons

1An unemployment rate remained at 9.1% means that 14 million Americans still can not find a job.
Means that there are still 14 million Americans can not find work.
2 From the macroeconomic point of view, European and American economies, long-term financial and economic imbalances,
3 negative real interest rates in both the environment will pose continuing to support the gold price.
If the risk of global recession finally become a reality, gold as an excellent asset diversified investment channels
Investors of all ages will be more
Gold rose reasons

2011年9月3日 星期六

gold prices rise reasons

gold prices rise reasons Tuesday 1 August, U.S. consumer confidence report showed that August consumer confidence index fell to 44.5, significantly lower than July's 59.2 points,
Also far lower than economists expected 52.0, setting a new low since April 2009.
2 U.S. data on Tuesday showed the U.S. June S & P/CS20 major cities are not seasonally adjusted monthly rate of house price index rose 1.1%,
Higher for the third consecutive month, down 4.5 percent annual rate; 10 cities are not seasonally adjusted monthly rate of house price index rose 1.1%, down 3.8% annual rate.
3 International Monetary Fund (IMF) has U.S. economic growth this year is expected to sharply cut to 1.6% two months ago, is expected to have 2.5%.
While the 2012 growth forecast down from 2.7% to 2%. IMF will also eurozone economic growth forecast for 2011 down from 2.0% to 1.9% in 2012 from 1.7 percent economic growth forecast cut to 1.4%. The IMF will publish in September 20 under a global economic outlook.
4 30 S & P rating agency released a report warning that the European economy a significant increase in risk of second bottom.
The report, entitled "Europe's economic growth slowed to increase the risk of second bottom," the report said, a significant increase in European economic downside risk,
S & P will pay close attention to consumer demand for the next few months the trend of the European quarter.
buy gold to make money

Gold prices rise reasons

Gold prices rise reasons
1 data showed the U.S. unemployment rate remains high
Unemployment rate is still up 9.1%, below market expectations

2 major U.S. banks suffered the U.S. government action
U.S. mortgage market is responsible for monitoring the U.S. Federal Housing Finance Agency 2 U.S. bank, JP Morgan Chase sued 17 major banks

3 worried about the U.S. economy once again facing a "double dip

4 by the impact of U.S. financial market turmoil, major European countries also suffered the same day the stock market crash

The same day the U.S. stock market crash, the price of gold surged.
buy gold to make money



Understand the reasons of gold price increasing ?Ways to earn money to buy gold

Understand the  reasons of gold  price increasing ?Ways to earn money to buy gold
 Gold prices is increasing  for the following reasons:
 1 zero growth in U.S. employment figures appear
 2 the market worried about the U.S. economy may fall into recession in the second


 3 gold hedging demand
 4 U.S. economy into recession again
 5 U.S. Federal Reserve will be forced to start the third round of the quantitative easing policy is expected to heat up along with
 Strengthen the attractiveness of gold hedging and hedge

to find ways to earn money to buy gold quickly

tips-buy gold to make money way

tips-buy gold to make money way

 A European country economic data
 2 European debt lingering haze,
 Gold trading in Europe yesterday when the large influx of funds attracted, the price of gold jumped nearly $ 30 instantly, rushed up to $ 1,855 per ounce.
 International gold "jump up"


to find the tips- buy gold to make money


buy gold to make money way

buy gold to make money way
1 euro zone debt crisis as investors become more cautious
2 U.S. payrolls data may highlight the fragile economic situation in the United States,
3 Greece's ability to achieve the deficit target of increasing concern to investors retreat from risk assets,
Turn to a safe-haven asset attributes, such as gold.
4 quantify commodity research firm in Hamburg, Germany (Quantitative Commodity Research) analyst Peter Fertig said
: "We are seeing an influx of new safe-haven asset class army. Eurozone debt crisis is still a risk,
This market speculators to buy gold is a good time. "
5 weak U.S. economic data, Federal Reserve exacerbated the market's (Fed) may implement the third round of quantitative easing (QE3) to boost the U.S. economy, rumors
, August gold rose 12% in total, the highest since 2009, the largest monthly increase since November.

6 Investors fear that the policy in the U.S. and euro area long liquidation under uncertainty, long-term gold price could still rise. "

to find the tips- buy gold to make money

Go back ways to earn money to buy gold

Go back ways to earn money to buy gold

U.S. non-farm payrolls in August, unchanged, due to reduced government sector employment offset a small increase in private sector employment impact.


Economists had expected the August non-farm employment increased by 80,000 people.
Gold futures rise on Friday, approaching the record high hit last week,
Weaker than expected U.S. jobs data prompted investors to buy gold as a hedge assets.
New York Mercantile Exchange Comex division, the most active December gold futures settled up $ 47.80, to 1,876.90 dollars per ounce,
Or 2.6%, the second highest settlement price of the contract high, second only to August 22 at $ 1,891.90 an ounce hit a record high.

Governments around the world trying to solve the debt crisis, plus the United States located in the historically low borrowing costs level
Of gold as a significant increase in the charm of anti-inflation under the U.S. price of gold has surged since the end of 2008 more than doubled,
Arrived last month climbed a new high of $ 1,917.90 an ounce records
 
Go back ways to earn money to buy gold


ways earn money with buy gold International gold prices rose

ways earn money with buy gold International gold prices rose



 1 increasing demand for hedging market
 2 accidents in the United States job growth was stagnant last month's report came out,
 3 fear of the weak economy for fear of the market to reduce industrial demand for raw materials, copper prices fell for a second day.
 4 Governments around the world trying to solve the debt crisis, plus the United States located in the historically low borrowing costs level
 Of gold as a significant increase in the charm of anti-inflation under the U.S. price of gold has surged since the end of 2008 more than doubled,


 Arrived last month climbed a new high of $ 1,917.90 an ounce records

 Go to find the ways to earn money with buy gold

2011年9月1日 星期四

gold price Soaring

gold  price Soaring
 Data, as of June 30 fiscal year, the Australian gold production increased by 24 tons to 270 tons. Fourth-quarter gold production was little changed year on year, but growth of 5% from the third quarter gold

production due to the hurricanes recover.
 Global stock market crash triggered by emotional stimuli hedge spot price of gold hit Aug. 23 at $ 1,912.29 / oz record high, beginning when the gold price is still $ 1,600 / oz, while the beginning of the year when the price of gold is only U.S. $ 1,200 / oz. The Australian dollar-denominated gold also hit 1,806.50 on August 22 AUD / oz.



2011 gold years

Gold soared $ 600 8 months 2011 will be called the "gold years" is not an exaggeration. From January 28, 2011 low of date, as of late August, the overall price of gold rose $ 600 or more than

40%. Especially in the last two months, the international price of gold is reaching new heights, the cumulative rate of increase was as high as 25%. The month of August only, the international price of gold soared about $ 350, breaking the $ 1,900 mark, constantly rewriting a record high. Although previously a long slump may make some panic, but far from the stricken to the point, the price of gold has steadily pulled again that the bull market is still in progress. Agency boasted, before the end of the price of g


2011年8月28日 星期日

No QE3 gold price swagger

No QE3 gold price swagger
U.S. Federal Reserve Board Chairman Ben Bernanke in a speech of public attention has not announced a new round of economic stimulus, will leave the matter to the end of September meeting to discuss interest rates, the gold market access to support, coupled with the price of gold after the collapse of part of the week bargains disk admission, to help New York push the price of gold rose for two consecutive days.
Bernanke on the same stimulus as being noncommittal, with commodity traders bearish on the U.S. East, the impact of hurricanes on oil refineries, oil price 26 flat.



26 in the New York Mercantile Exchange, gold futures market was the most active December contract to close at $ 1797.3 per ounce, up $ 34.1 over the previous day, or 1.9%.

26, Bernanke said the U.S. economic recovery is not strong, weaker than expected. He did not mention the outside world are generally concerned about the third round of quantitative easing, but said the Fed would still have a number of policy tools available to pull the economy, the Fed meeting in September will discuss the economic situation and monetary policy issues.

Gold futures prices was rushed $ 1,917.90 23 new high, but the 25 trading days ending two and a half total of -11%, spit two months of harvest. Chicago traders Lahey FuturePath Trading LLC, said: "push the price of gold all the issues have not disappeared, but the decision later today, Bernanke moved to an appropriate time."



Kitco.com Naide Le, senior analyst, said gold price trend is still going up, because the background changed, investors will continue to be uneasy, gold will continue to play safe haven role. Other experts said the United States, Europe and Japan's debt problem is very real, and are not resolved quickly, a haven of gold will continue to glow.

As investors have respect and much of the stock market, coupled with some foreign exchange hedge, the London gold price in the first 11 years with long pattern, at least the longest rally since 1920. Of last week, the price of gold had been rising for seven weeks, the highest since April 2007, the longest rally. Gold has gained 26 percent this year, total.