gold price trend

2011年7月26日 星期二

international gold price new high -hedging and speculation

international gold price new high

Since the terrorist attacks of Norway, making the rise in international crude oil prices upward, also contributed to the international price of gold price of $ 1,600 an ounce in after the break, keep firmly above $ 1600. Observe the international gold futures prices following yesterday's $ 1,600 price after the firm, although this was after-hours electronic trading, was down attitude, but still keep the $ 1,600 price of power, the price came to $ 1,615, also led the Bank of Taiwan today, the gold book ...


Gold Price - hedging and speculation
European debt event conflicts have set off an international stock markets in addition to waves, with the price of gold hedging, hedging and speculation has continued to be two arches on the history of astronomical forces. U.S. Commodity Futures Trading Commission statistics that, as of 7 / 19 last week, investors large-scale long on gold futures and options position, the number of contracts increased by 7.3% in the mouth


High gold prices

Still no breakthrough in negotiations, the U.S. debt ceiling, Moody's announced cut Greece's sovereign debt rating, the market risk aversion support the gold price to new high, the New York Mercantile Exchange (COMEX) gold prices closed higher Monday, COMEX8 December gold contract settled up $ 10.7, to close at $ 1,612.2, after trading between 1603.8-1624.3 dollars, $ 1,624.3 for the gold new record high.

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