COMEX 8-month gold had risen to $ 1,574.1 / oz

Tuesday (July 12) European sides continue to fall in their crisis, the spread of the European debt market sentiment seems to inevitably make serious pressure, the euro fell to four-month low. U.S. Treasury Zaiyu bottlenecks limit the negotiations, while the third round of the Fed quantitative easing (QE3) the possibility of increasing the dollar tumbling down, the two-month highs from 76.73 to 76.00 level. The rising risk aversion is pushing up the safe-haven assets, the international price of gold within a whisker away from record highs.

COMEX 8-month gold had risen to $ 1,574.1 / oz, almost equal to a record high of $ 1,576.5 / oz. The Swiss franc and Japanese yen have also recently refreshed high, Sanya early weeks, the dollar dropping against the Swiss franc to 0.8281, near a record low of 0.8275; U.S. dollar against the yen early in the week fell to 78.52 Sanya City, the history of the second low.

Rating agency Moody's announced on Tuesday, the Irish downgraded to "BA1", outlook is negative. Moody's said that Ireland is still a significant risk to implement fiscal reforms, particularly in view of the Irish economy continues to weaken. EU / IMF rescue package after the Irish will need to further increase the likelihood of official financial aid