2011年7月29日 星期五
Gold price hit a record high?ways to earn money to buy gold
Gold price hit a record high?ways to earn money to buy gold
1 slack economy
2 Gold is often seen as the global financial and economic risks in a safe haven in a period of increased uncertainty, investors tend to buy gold to protect wealth
3 U.S. Congress must August 2 deadline, the debt limit increase, or the federal government will be no borrowing rights, the state will experience financial difficulties.
4 European sovereign debt concerns
5 investor thirst for gold, a metal without any other alternative, the situation in the market when demand is crazy
6 legal tender value of the storage function of depreciation
7 concerns about the global economic outlook background
8 gold ETF gold holdings amounted to fund historical record high
9 Central banks are also efforts to expand the size of the gold reserves
1 slack economy
2 Gold is often seen as the global financial and economic risks in a safe haven in a period of increased uncertainty, investors tend to buy gold to protect wealth
3 U.S. Congress must August 2 deadline, the debt limit increase, or the federal government will be no borrowing rights, the state will experience financial difficulties.
4 European sovereign debt concerns
5 investor thirst for gold, a metal without any other alternative, the situation in the market when demand is crazy
6 legal tender value of the storage function of depreciation
7 concerns about the global economic outlook background
8 gold ETF gold holdings amounted to fund historical record high
9 Central banks are also efforts to expand the size of the gold reserves
Why Gold Price hit a record high ?ways to earn money to buy gold
Why Gold Price hit a record high ?ways to earn money to buy gold
Gold futures prices rose to $ 1,637.50 an ounce, a new record high, because the U.S. bond market and signs of economic slowdown worries deepened.
Gold futures for December delivery rose 15 cents, or 0.9%, ounce to $ 1,631.20. Gold rose 8.5 percent in July, higher even four weeks.
Gold recently hit a record high for the following reasons
1 gold to investors hedging demand, investors will be gold as the safest assets
2 U.S. debt crisis escalated, the United States may face the problem of debt default
3 economic slowdown, economic growth lower than expected
4 Gold ETF-SPDR Gold Shares to the latest data show that today's total gold holdings: 1262.97 t,
28 total gold holdings: 1244.80 tons. Today compared to the previous positions increased +18.17 tons.
5 market uncertainty
Gold futures prices rose to $ 1,637.50 an ounce, a new record high, because the U.S. bond market and signs of economic slowdown worries deepened.
Gold futures for December delivery rose 15 cents, or 0.9%, ounce to $ 1,631.20. Gold rose 8.5 percent in July, higher even four weeks.
Gold recently hit a record high for the following reasons
1 gold to investors hedging demand, investors will be gold as the safest assets
2 U.S. debt crisis escalated, the United States may face the problem of debt default
3 economic slowdown, economic growth lower than expected
4 Gold ETF-SPDR Gold Shares to the latest data show that today's total gold holdings: 1262.97 t,
28 total gold holdings: 1244.80 tons. Today compared to the previous positions increased +18.17 tons.
5 market uncertainty
Why buy gold? Buy gold to make money?
Why buy gold? Buy gold to make money?
A deterioration in the United States and the European sovereign debt
The demand for safe-haven assets of gold 2
3 legal tender value of the storage function of depreciation
4 concerns about the global economic outlook
5 central banks is also working to expand the size of the gold reserves
6 gold ETF gold holdings amounted to fund historical record high
7 Spain face of weak economic growth in some regions challenges and financial decline
8 South African gold mine strike 25 million people now hit the market economy worries
A deterioration in the United States and the European sovereign debt
The demand for safe-haven assets of gold 2
3 legal tender value of the storage function of depreciation
4 concerns about the global economic outlook
5 central banks is also working to expand the size of the gold reserves
6 gold ETF gold holdings amounted to fund historical record high
7 Spain face of weak economic growth in some regions challenges and financial decline
8 South African gold mine strike 25 million people now hit the market economy worries
buy gold to make money ?
buy gold to make money ?
1 U.S. debt ceiling has been stalled talks
2 gold hit new high
3 market uncertainty
4 gold investment demand for hedging
5 U.S. second quarter gross domestic product (GDP) growth below the
expected level, weaker dollar
1 U.S. debt ceiling has been stalled talks
2 gold hit new high
3 market uncertainty
4 gold investment demand for hedging
5 U.S. second quarter gross domestic product (GDP) growth below the
expected level, weaker dollar
2011年7月28日 星期四
5 steps to Make Money Buying Gold
5 steps to Make Money Buying Gold
1 When the economy is bad ,like now, the gold prices rise.
2 Understand that gold prices fluctuate on a year basis
you can value the right price of gold.
3 absolute make money rule: gold price,to buy low and sell high
4 long term invest is the best policy.so Gold investing must have in patience.
5 buy gold account,pratice to buy bit ,to add your experice.
1 When the economy is bad ,like now, the gold prices rise.
2 Understand that gold prices fluctuate on a year basis
you can value the right price of gold.
3 absolute make money rule: gold price,to buy low and sell high
4 long term invest is the best policy.so Gold investing must have in patience.
5 buy gold account,pratice to buy bit ,to add your experice.
U.S debt negotiation failed gold price
U.S debt negotiation failed gold price
As U.S. lawmakers to raise 14.3 trillion debt ceiling of unsuccessful negotiations, the U.S. dollar against a basket of six major currencies crashed depreciation
U.S. stocks lower after hearing the news.
Make history again yesterday, the high price of gold plate, because the price of gold hit a new high after a row, some investors taking profits. At the same time,
The U.S. government and Congress to increase the federal government still failed to reach an agreement on debt ceiling
Gold futures fell to a two-session low, due to the deadlock surrounding the U.S. debt tension and re-emerging worries about the European currency debt pressure,
Investors uneasy leaving their seats. Only six days the United States may face the problem of debt default, and it has not reached a solution of the signs
Some investors have been selling gold, ready on the sidelines. Comex division of the New York Mercantile Exchange, trading gold the most ... the main Shanghai Wednesday
Rose to a record high in early trading
Shanghai Gold Futures December 2011 contract opened at 336.75 yuan in early trading prices / gram, the highest reach 337.43 yuan / gram record high
Lowest dropping 336.20 yuan / gram, closing at 336.40 yuan / gram, up 1.01 yuan, or 0.30%. New York Mercantile Exchange Comex division of the
The most active ... Hong Kong gold traded within a narrow range Tuesday morning
Hong Kong gold in August 2011 intraday high and low were $ 1,615.4 / oz and $ 1,611.34 / oz, on
Day settlement price of $ 1619.4. Main Comex gold futures settled up $ 10.70 on Monday, to a record $ 1,612.20 / oz
As U.S. lawmakers to raise 14.3 trillion debt ceiling of unsuccessful negotiations, the U.S. dollar against a basket of six major currencies crashed depreciation
U.S. stocks lower after hearing the news.
Make history again yesterday, the high price of gold plate, because the price of gold hit a new high after a row, some investors taking profits. At the same time,
The U.S. government and Congress to increase the federal government still failed to reach an agreement on debt ceiling
Gold futures fell to a two-session low, due to the deadlock surrounding the U.S. debt tension and re-emerging worries about the European currency debt pressure,
Investors uneasy leaving their seats. Only six days the United States may face the problem of debt default, and it has not reached a solution of the signs
Some investors have been selling gold, ready on the sidelines. Comex division of the New York Mercantile Exchange, trading gold the most ... the main Shanghai Wednesday
Rose to a record high in early trading
Shanghai Gold Futures December 2011 contract opened at 336.75 yuan in early trading prices / gram, the highest reach 337.43 yuan / gram record high
Lowest dropping 336.20 yuan / gram, closing at 336.40 yuan / gram, up 1.01 yuan, or 0.30%. New York Mercantile Exchange Comex division of the
The most active ... Hong Kong gold traded within a narrow range Tuesday morning
Hong Kong gold in August 2011 intraday high and low were $ 1,615.4 / oz and $ 1,611.34 / oz, on
Day settlement price of $ 1619.4. Main Comex gold futures settled up $ 10.70 on Monday, to a record $ 1,612.20 / oz
what is the most critical factors of gold price fluctuations?How to make money to buy gold
what is the most critical factors of gold price fluctuations?How to buy gold to make money
the most critical factors of gold price fluctuations as follows:
1 United States the world's largest gold ETF Gold Fund SPDR Gold Shares positions increased 3.02921 t,
The latest gold positions remain 1,244.79868 tons.
2 United States raised the debt ceiling negotiations
3 re-enter the European investors view the debt crisis, because of the three international rating agencies downgraded the Greek shuffle
Standard & Poor's lowered the long-term sovereign credit rating of Greece
4 global economic weakness, generally optimistic that the economy accelerated in the second half speed being questioned
5 India to raise interest rates by 50 basis points this week to deal with the worsening of inflation, Vietnam's inflation rate as high as 22% or more
6 rising risk aversion prompted fierce gold
7 Technical - ranked gold bull trend showing
How to buy gold to make money
1 the gold price correction of 15% and then approach slowly buy
2 buy gold stocks optimistic about the future
the most critical factors of gold price fluctuations as follows:
1 United States the world's largest gold ETF Gold Fund SPDR Gold Shares positions increased 3.02921 t,
The latest gold positions remain 1,244.79868 tons.
2 United States raised the debt ceiling negotiations
3 re-enter the European investors view the debt crisis, because of the three international rating agencies downgraded the Greek shuffle
Standard & Poor's lowered the long-term sovereign credit rating of Greece
4 global economic weakness, generally optimistic that the economy accelerated in the second half speed being questioned
5 India to raise interest rates by 50 basis points this week to deal with the worsening of inflation, Vietnam's inflation rate as high as 22% or more
6 rising risk aversion prompted fierce gold
7 Technical - ranked gold bull trend showing
How to buy gold to make money
1 the gold price correction of 15% and then approach slowly buy
2 buy gold stocks optimistic about the future
2011年7月27日 星期三
U.S. debt negotiations affect gold price
U.S. debt negotiations affects gold price
U.S. debt negotiations stalled, so that nervous investors sought safe-haven assets, making the price of gold remained steady above $ 1,600 an ounce. But in the world's second largest gold consumer China, a record price of gold has been the name people corrugated brow.
Almost always enthusiastic Chinese buyers began to doubt whether the price of gold has been too high. Over the past year, Chinese demand for physical gold soared, helped make last year, China's gold imports increased by 4 times.
The key driver behind the growth is selling gold bars, gold bars in China generally people buy for investment or as a gift. According to the World Gold Council (World Gold Council) data, the first quarter of this year, China's gold bullion sales more than doubled year on year growth, China has become the world's largest buyers of gold bullion and gold coins. However, anecdotal evidence shows that the price of gold shining bright this week has caused some investors to gold reflections.
"Yangzi Evening News" published an article describing Wuxi gold bullion buyers realized the scene: in Wuxi, China Gold Zhongshan Road, the store Mr. Sun told reporters, with gold prices soaring, two days to the store to gold a lot more than people realized, and most of them are purchased late last year and early this year, gold, and you figure they make a lot.
This is according to reports, 620 million people in Wuxi City, the rise of gold fever last year, an estimated annual public purchase of 7.3 tons of gold jewelry and gold bars
U.S. debt negotiations stalled, so that nervous investors sought safe-haven assets, making the price of gold remained steady above $ 1,600 an ounce. But in the world's second largest gold consumer China, a record price of gold has been the name people corrugated brow.
Almost always enthusiastic Chinese buyers began to doubt whether the price of gold has been too high. Over the past year, Chinese demand for physical gold soared, helped make last year, China's gold imports increased by 4 times.
The key driver behind the growth is selling gold bars, gold bars in China generally people buy for investment or as a gift. According to the World Gold Council (World Gold Council) data, the first quarter of this year, China's gold bullion sales more than doubled year on year growth, China has become the world's largest buyers of gold bullion and gold coins. However, anecdotal evidence shows that the price of gold shining bright this week has caused some investors to gold reflections.
"Yangzi Evening News" published an article describing Wuxi gold bullion buyers realized the scene: in Wuxi, China Gold Zhongshan Road, the store Mr. Sun told reporters, with gold prices soaring, two days to the store to gold a lot more than people realized, and most of them are purchased late last year and early this year, gold, and you figure they make a lot.
This is according to reports, 620 million people in Wuxi City, the rise of gold fever last year, an estimated annual public purchase of 7.3 tons of gold jewelry and gold bars
Why gold prices rise?
Why gold prices rise?
1 gold for the asset allocation of goods
2 real interest rates still low
3 solid gold demand in China and India, the country's GNP growth of large
4 by the central bank to buy gold
$ 5 is still too weak trend
6 gold production from the point of view, supply is still insufficient
7 U.S. debt ceiling negotiating the final agreement
8 hedge asset demand
1 gold for the asset allocation of goods
2 real interest rates still low
3 solid gold demand in China and India, the country's GNP growth of large
4 by the central bank to buy gold
$ 5 is still too weak trend
6 gold production from the point of view, supply is still insufficient
7 U.S. debt ceiling negotiating the final agreement
8 hedge asset demand
12 reasons Gold prices rise
12 reasons Gold prices rise
Why the gold price will rise ,12 reasons as follow:
1 gold prices trend up as the supply trend up in the next few years
2 gold may rise further, in order to attract the rising costs of gold supply into the market
3 U.S. debt negotiation deadlock ,gold as a safe haven
4 U.S. dollars continue to be suppressed
5 U.S. economic data, rising a strong decline in gold
6 worried about default risk and market Spanish and Italian bond auction yesterday, rising yields
7 gold demand by hedge impact
8 South Africa strike
9 pairs of Greece's poor performance in aid plan
10 Moody's announced that debate the Greek sovereign debt rating
11 china increased gold demand
12 India increased gold demand
Why the gold price will rise ,12 reasons as follow:
1 gold prices trend up as the supply trend up in the next few years
2 gold may rise further, in order to attract the rising costs of gold supply into the market
3 U.S. debt negotiation deadlock ,gold as a safe haven
4 U.S. dollars continue to be suppressed
5 U.S. economic data, rising a strong decline in gold
6 worried about default risk and market Spanish and Italian bond auction yesterday, rising yields
7 gold demand by hedge impact
8 South Africa strike
9 pairs of Greece's poor performance in aid plan
10 Moody's announced that debate the Greek sovereign debt rating
11 china increased gold demand
12 India increased gold demand
International gold price gold the spot price reached $ 1,625.70 an ounce
International gold price gold the spot price reached $ 1,625.70 an ounce
Standard Chartered Bank today held "the second half of 2011 global investment outlook," chief strategist Brisbane (Steve Brice) optimistic view of the second half of the economy, and that the gold market outlook remains bullish
His gold is the asset allocation of goods, real interest rates remain low, gold demand in China and India, the real power of the national income growth, the central bank to purchase of gold, the dollar still weak five major reasons that the international price of gold will rise.
He said that gold production from the point of view, supply is still insufficient, and the dollar in the long-term signs of weakness, both fueled the price of gold higher.
He believes that gold will be on board in 2014, a record high $ 2,100, more than gold in the long term can be long term.
International price of gold in Asian trading today, the spot price reached $ 1,625.70 an ounce, in addition, the New York Mercantile Exchange (COMEX) 12-month intraday gold rose $ 1,628.1 an ounce, both new record high.
Other precious metals followed gold higher, silver hit a record $ 41.18 / 2 ounce half high. Palladium also hit its highest level since early February, Tuesday (July 26), palladium closed up 3.6% since the end of April for the best single-day performance. The world's largest silver exchange-traded fund (ETF) - iShares Silver Trust said its ending as of July 26 the silver positions increased 24.25 tons, to 9,915.86 tonnes.
Standard Chartered Bank today held "the second half of 2011 global investment outlook," chief strategist Brisbane (Steve Brice) optimistic view of the second half of the economy, and that the gold market outlook remains bullish
His gold is the asset allocation of goods, real interest rates remain low, gold demand in China and India, the real power of the national income growth, the central bank to purchase of gold, the dollar still weak five major reasons that the international price of gold will rise.
He said that gold production from the point of view, supply is still insufficient, and the dollar in the long-term signs of weakness, both fueled the price of gold higher.
He believes that gold will be on board in 2014, a record high $ 2,100, more than gold in the long term can be long term.
International price of gold in Asian trading today, the spot price reached $ 1,625.70 an ounce, in addition, the New York Mercantile Exchange (COMEX) 12-month intraday gold rose $ 1,628.1 an ounce, both new record high.
Other precious metals followed gold higher, silver hit a record $ 41.18 / 2 ounce half high. Palladium also hit its highest level since early February, Tuesday (July 26), palladium closed up 3.6% since the end of April for the best single-day performance. The world's largest silver exchange-traded fund (ETF) - iShares Silver Trust said its ending as of July 26 the silver positions increased 24.25 tons, to 9,915.86 tonnes.
2011年7月26日 星期二
gold price new high $ 1,625
High gold price of $ 1,625
Last week, the international gold pricecontinued upside, a new record high, the highest at $ 1,594.16 an ounce on the station, showing high-grade short-term linear passive, gold market bulls atmosphere unabated,
With Europe and the U.S. debt crisis is still worried about the market, the price of gold yesterday, and then break through the $ 1,600 plate integer points,
Gold has reached a new high $ 1,625.
However, the return of gold increase in number, and a great increase since July, short-term technical indicators RSI and KD are still in the overbought zone, do not rule out possible return to the international price of gold measured at $ 1,575.
Last week, the first international gold price due to weaker than expected payrolls data, to attract safe-haven buying into gold continue to go up, Houyinmudi Ratings downgraded sovereign credit rating in Ireland,
And the Fed is taking a step forward, said the stimulus package has been prepared, the gold buying into madness, the price of gold hit a record high for the week to go progressively rose gold pattern.
U.S. debt ceiling impasse last week a new high price of gold at $ 1,625
Last week, the international gold pricecontinued upside, a new record high, the highest at $ 1,594.16 an ounce on the station, showing high-grade short-term linear passive, gold market bulls atmosphere unabated,
With Europe and the U.S. debt crisis is still worried about the market, the price of gold yesterday, and then break through the $ 1,600 plate integer points,
Gold has reached a new high $ 1,625.
However, the return of gold increase in number, and a great increase since July, short-term technical indicators RSI and KD are still in the overbought zone, do not rule out possible return to the international price of gold measured at $ 1,575.
Last week, the first international gold price due to weaker than expected payrolls data, to attract safe-haven buying into gold continue to go up, Houyinmudi Ratings downgraded sovereign credit rating in Ireland,
And the Fed is taking a step forward, said the stimulus package has been prepared, the gold buying into madness, the price of gold hit a record high for the week to go progressively rose gold pattern.
U.S. debt ceiling impasse last week a new high price of gold at $ 1,625
Gold price U.S. debt issue confusing to new high
Gold price - U.S. debt issue confusing to new high
Although gold is still, after opening steady, but still there is potential instability, and further subjected to crude oil selling, platinum-group metals are also taking the initial rise, narrowing the opening of the silver rose, rose only 25 cents. Standard Bank in the gold market speculation last week, a weekly review mentioned that the reduction of speculative short is "encouraging", but because of the price of gold compared to last year's terrorist attacks are ... breaking the 1600 passage of Euro gold U.S. dollar
International gold price $ 1,600 an ounce this month, soared-VIX (fear) index
VIX (fear) index is an important indicator of observation, the VIX index has recently been warming impact of European and American debt crisis, this year the first 3 degrees away Yang, hedging in the market under a stronger attitude, encouraging the international price of gold this month soared to $ 1,600 an ounce. However, the high price of gold Zaigong on occasion, in the end it is appropriate to approach the layout? ... Zhaojin Investment: Greece's sovereign debt was a record high price of gold down
Gold
Moody's cut Greece's sovereign debt rating, further increase risk aversion, gold price breaking up heavy volume early yesterday, the high point, but there are golden point below the resistance, shot up after the fall, short-term concern about the strength of the resistance point, days gold above the resistance level will be below the 5 day moving average and support at the shock, short-term buy low sell high, if effective than a single up the middle after Powei follow up.
Although gold is still, after opening steady, but still there is potential instability, and further subjected to crude oil selling, platinum-group metals are also taking the initial rise, narrowing the opening of the silver rose, rose only 25 cents. Standard Bank in the gold market speculation last week, a weekly review mentioned that the reduction of speculative short is "encouraging", but because of the price of gold compared to last year's terrorist attacks are ... breaking the 1600 passage of Euro gold U.S. dollar
International gold price $ 1,600 an ounce this month, soared-VIX (fear) index
VIX (fear) index is an important indicator of observation, the VIX index has recently been warming impact of European and American debt crisis, this year the first 3 degrees away Yang, hedging in the market under a stronger attitude, encouraging the international price of gold this month soared to $ 1,600 an ounce. However, the high price of gold Zaigong on occasion, in the end it is appropriate to approach the layout? ... Zhaojin Investment: Greece's sovereign debt was a record high price of gold down
Gold
Moody's cut Greece's sovereign debt rating, further increase risk aversion, gold price breaking up heavy volume early yesterday, the high point, but there are golden point below the resistance, shot up after the fall, short-term concern about the strength of the resistance point, days gold above the resistance level will be below the 5 day moving average and support at the shock, short-term buy low sell high, if effective than a single up the middle after Powei follow up.
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.
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.
Gold hedging demand
Gold hedging demand
Because the U.S. has not raised the debt ceiling to reach an agreement, and Moody's announced cut Greece's
sovereign debt rating, risk aversion, the spot price of gold after the opening jump to another record high,
and since then has been steady at $ 1,612 / ounce level above the . Spot gold on Monday (July 25) opened
at $ 1,617.1 / oz, up to 1621.4 U.S. dollars / ounce, a new record high
Because the U.S. has not raised the debt ceiling to reach an agreement, and Moody's announced cut Greece's
sovereign debt rating, risk aversion, the spot price of gold after the opening jump to another record high,
and since then has been steady at $ 1,612 / ounce level above the . Spot gold on Monday (July 25) opened
at $ 1,617.1 / oz, up to 1621.4 U.S. dollars / ounce, a new record high
gold price a new high as U.S. debt ceiling
gold price a new high as U.S. debt ceiling
gold price a new high
U.S. debt ceiling deadlock caused by the continued tension is still not dispersed, overnight spot gold hit $ 1,622 / oz over the new record high.
If there is one thing the market needs to be, and that certainly is clarity. This last week the Greek EU summit before the debt crisis clearly expressed.
If there is one thing the market hates, and that certainly is unstable
Gold price highs last week. Market concern about the U.S. debt may default to stimulate the price of gold was rising above an ounce
$ 1,600 in the UK have topped £ 1000 per ounce level. Subsequently, the European tracks to ease the debt crisis
Like, so the price of gold down, Thursday (21) closed at $ 1,600 an ounce, and as the local stock market rebounded, the price of gold on Friday
(22) fell to $ 1,589 an ounce. FTSE gold index rose 1.6 percent last week.
gold price a new high
U.S. debt ceiling deadlock caused by the continued tension is still not dispersed, overnight spot gold hit $ 1,622 / oz over the new record high.
If there is one thing the market needs to be, and that certainly is clarity. This last week the Greek EU summit before the debt crisis clearly expressed.
If there is one thing the market hates, and that certainly is unstable
Gold price highs last week. Market concern about the U.S. debt may default to stimulate the price of gold was rising above an ounce
$ 1,600 in the UK have topped £ 1000 per ounce level. Subsequently, the European tracks to ease the debt crisis
Like, so the price of gold down, Thursday (21) closed at $ 1,600 an ounce, and as the local stock market rebounded, the price of gold on Friday
(22) fell to $ 1,589 an ounce. FTSE gold index rose 1.6 percent last week.
Gold price reach high due to hedging demand
Because the U.S. has not raised the debt ceiling to reach an agreement, and Moody's announced cut Greece's sovereign debt rating, risk aversion, the spot price of gold after the opening jump to another record high, and since then has been steady at 1,612 U.S. dollars / ounce level above the .
Spot gold on Monday (July 25) opened at 1,617.1 U.S. dollars / ounce, up to 1,621.4 U.S. dollars / ounce, a new record high, a minimum of 1,609.2 U.S. dollars / ounce to close at 1,613.5 U.S. dollars / ounce, up 12.8 over the previous day U.S. dollars / ounce, or 0.8%; its time opened at $ 40.55 silver / ounce, up $ 41.04 / ounce, the lowest is $ 39.88 / ounce to close at 40.37 U.S. dollars / ounce, up $ 0.31 the previous day / ounce, or 0.77%.
French Foreign Trade Bank (Natixis) analyst Nic Brown said, "The United States will eventually need to reach some form of political solution, there are two options: debt consolidation that monetary or fiscal efforts to achieve financial sustainability, to be implemented in the latter Before, the market will make the former assumption, and this favorable for gold. "
Royal Bank of Canada Capital Markets Global Futures Department (RBC Capital Markets Global Futures) on Monday said George Gero, vice president, investors buy gold to hedge. Gero pointed out that "gold is an alternative currency, liquidity, easy to carry, and the volatile political situation will not affect their purchasing power the U.S. debt ceiling negotiations fail, the Middle East continue, the stock market weakness prompted investors to avoid buying a variety of risk assets. "
Divergence of long and short of international gold market, gold price trend of a V-shaped shock. Gold investment strategy network analysts believe that the United States as the market gathered on August 2, the two parties raised the debt ceiling of negotiations, a larger bull market differences. Driven by risk aversion, gold shot up time in Asia and Europe, but near the time the U.S. market, some profit taking leave to suppress the price of gold. But still no breakthrough in negotiations, the U.S. debt ceiling, so that risk aversion is difficult to subside.
In the technical form, the Japanese received a negative k spindle chart shows there are some differences between long and short. But overall, the price of gold remains a good rise. Present mainly in the major news events cautious before running. The focus of the market completely falls on U.S. debt negotiations between the two parties. August 2, the availability of U.S. debt ceiling increase in the next few days, will bear fruit. If the United States to reach a compromise between the two parties to ensure that the U.S. debt ceiling be increased to ease the concerns of the U.S. debt default triggered profit taking as well, so that the price of gold in the technical form, a wave continued to rise relative to the previous unilateral secondary market readjustment. This is consistent with the technical operation rules. However, we have noted, the United States temporarily eased the worries of debt, debt crisis in Europe will again become the focus. So, is unlikely to reverse the medium-term bull market. If the U.S. dares to disregard their national credit and status of a debt default extremes, no doubt, a strong gold price will inevitably move up again. Short term, this week the price of gold in a bilateral risk status. Investors are advised to pay attention to control the risk. Sound investor, you can wait for the situation is clear, then select the direction of the entering transactions. Detail to determine the trend, see the chart
gold price broke through $ 1,600 an ounce by Norway terrorist attacks
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, gold price per gram stable book 1500 yuan stability stood above, to 1504 yuan, but also high range. Meanwhile, the Taiwan Futures Exchange issued yesterday, two gold futures are listed on a new intraday high on board, came to 5651 yuan, today it was was down pattern.
Days of investment consultancy that observed the performance of the gold market, VIX (fear) index is an important indicator of observation, because VIX index has recently been heating up in Europe and America debt crisis, this year since the first 3 degrees away Young, the attitude in the market hedge strengthened under the incentives this month, the international price of gold soared to $ 1,600 an ounce.
However, the high price of gold Zaigong on occasion, in the end it is appropriate to approach the layout? Analysis of day care up to vote in the first half of VIX index has two large walk Yang are in short-term price of gold than gold stocks situation, however, once the risk factor is gradually clarified, VIX index fell back, the gold stocks rally but above the price of gold, which means the current VIX index from the July 7 issue of the startling news of Italian debt increased very quickly rose to 20.95, plus gold is about to enter the second half of the season, but is involved in gold stocks dip or related gold fund a good time.
In addition, gold has continued to the next is still a new high performance? Day care up to vote that a total of five, supported by bullish gold market is still brisk include: a, OCED countries, and even negative real interest rates in emerging countries showing the environment; Second, the U.S. still see long-term devaluation; Third, the debt crisis still exists; IV. reduce the amount of gold mining and development costs rising year by year; five gold demand into the second half of the season and so on. Days of investment consultancy that gold stocks in the high gold price environment is expected to increase profit levels, the future performance of the space period.
Spot gold on Monday (July 25) opened at 1,617.1 U.S. dollars / ounce, up to 1,621.4 U.S. dollars / ounce, a new record high, a minimum of 1,609.2 U.S. dollars / ounce to close at 1,613.5 U.S. dollars / ounce, up 12.8 over the previous day U.S. dollars / ounce, or 0.8%; its time opened at $ 40.55 silver / ounce, up $ 41.04 / ounce, the lowest is $ 39.88 / ounce to close at 40.37 U.S. dollars / ounce, up $ 0.31 the previous day / ounce, or 0.77%.
French Foreign Trade Bank (Natixis) analyst Nic Brown said, "The United States will eventually need to reach some form of political solution, there are two options: debt consolidation that monetary or fiscal efforts to achieve financial sustainability, to be implemented in the latter Before, the market will make the former assumption, and this favorable for gold. "
Royal Bank of Canada Capital Markets Global Futures Department (RBC Capital Markets Global Futures) on Monday said George Gero, vice president, investors buy gold to hedge. Gero pointed out that "gold is an alternative currency, liquidity, easy to carry, and the volatile political situation will not affect their purchasing power the U.S. debt ceiling negotiations fail, the Middle East continue, the stock market weakness prompted investors to avoid buying a variety of risk assets. "
Divergence of long and short of international gold market, gold price trend of a V-shaped shock. Gold investment strategy network analysts believe that the United States as the market gathered on August 2, the two parties raised the debt ceiling of negotiations, a larger bull market differences. Driven by risk aversion, gold shot up time in Asia and Europe, but near the time the U.S. market, some profit taking leave to suppress the price of gold. But still no breakthrough in negotiations, the U.S. debt ceiling, so that risk aversion is difficult to subside.
In the technical form, the Japanese received a negative k spindle chart shows there are some differences between long and short. But overall, the price of gold remains a good rise. Present mainly in the major news events cautious before running. The focus of the market completely falls on U.S. debt negotiations between the two parties. August 2, the availability of U.S. debt ceiling increase in the next few days, will bear fruit. If the United States to reach a compromise between the two parties to ensure that the U.S. debt ceiling be increased to ease the concerns of the U.S. debt default triggered profit taking as well, so that the price of gold in the technical form, a wave continued to rise relative to the previous unilateral secondary market readjustment. This is consistent with the technical operation rules. However, we have noted, the United States temporarily eased the worries of debt, debt crisis in Europe will again become the focus. So, is unlikely to reverse the medium-term bull market. If the U.S. dares to disregard their national credit and status of a debt default extremes, no doubt, a strong gold price will inevitably move up again. Short term, this week the price of gold in a bilateral risk status. Investors are advised to pay attention to control the risk. Sound investor, you can wait for the situation is clear, then select the direction of the entering transactions. Detail to determine the trend, see the chart
gold price broke through $ 1,600 an ounce by Norway terrorist attacks
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, gold price per gram stable book 1500 yuan stability stood above, to 1504 yuan, but also high range. Meanwhile, the Taiwan Futures Exchange issued yesterday, two gold futures are listed on a new intraday high on board, came to 5651 yuan, today it was was down pattern.
Days of investment consultancy that observed the performance of the gold market, VIX (fear) index is an important indicator of observation, because VIX index has recently been heating up in Europe and America debt crisis, this year since the first 3 degrees away Young, the attitude in the market hedge strengthened under the incentives this month, the international price of gold soared to $ 1,600 an ounce.
However, the high price of gold Zaigong on occasion, in the end it is appropriate to approach the layout? Analysis of day care up to vote in the first half of VIX index has two large walk Yang are in short-term price of gold than gold stocks situation, however, once the risk factor is gradually clarified, VIX index fell back, the gold stocks rally but above the price of gold, which means the current VIX index from the July 7 issue of the startling news of Italian debt increased very quickly rose to 20.95, plus gold is about to enter the second half of the season, but is involved in gold stocks dip or related gold fund a good time.
In addition, gold has continued to the next is still a new high performance? Day care up to vote that a total of five, supported by bullish gold market is still brisk include: a, OCED countries, and even negative real interest rates in emerging countries showing the environment; Second, the U.S. still see long-term devaluation; Third, the debt crisis still exists; IV. reduce the amount of gold mining and development costs rising year by year; five gold demand into the second half of the season and so on. Days of investment consultancy that gold stocks in the high gold price environment is expected to increase profit levels, the future performance of the space period.
gold price broke through $ 1,600 an ounce by Norway terrorist attacks
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, gold price per gram stable book 1500 yuan stability stood above, to 1504 yuan, but also high range. Meanwhile, the Taiwan Futures Exchange issued yesterday, two gold futures are listed on a new intraday high on board, came to 5651 yuan, today it was was down pattern.
Days of investment consultancy that observed the performance of the gold market, VIX (fear) index is an important indicator of observation, because VIX index has recently been heating up in Europe and America debt crisis, this year since the first 3 degrees away Young, the attitude in the market hedge strengthened under the incentives this month, the international price of gold soared to $ 1,600 an ounce.
However, the high price of gold Zaigong on occasion, in the end it is appropriate to approach the layout? Analysis of day care up to vote in the first half of VIX index has two large walk Yang are in short-term price of gold than gold stocks situation, however, once the risk factor is gradually clarified, VIX index fell back, the gold stocks rally but above the price of gold, which means the current VIX index from the July 7 issue of the startling news of Italian debt increased very quickly rose to 20.95, plus gold is about to enter the second half of the season, but is involved in gold stocks dip or related gold fund a good time.
In addition, gold has continued to the next is still a new high performance? Day care up to vote that a total of five, supported by bullish gold market is still brisk include: a, OCED countries, and even negative real interest rates in emerging countries showing the environment; Second, the U.S. still see long-term devaluation; Third, the debt crisis still exists; IV. reduce the amount of gold mining and development costs rising year by year; five gold demand into the second half of the season and so on. Days of investment consultancy that gold stocks in the high gold price environment is expected to increase profit levels, the future performance of the space period.
2011年7月25日 星期一
gold prices new high 1614
gold prices new high 1614
The United States on Friday, Obama (Barack Obama) at the White House and congressional leaders held talks, but substantial progress. Republican House Speaker John Boehner (John Boehner) warned, would not seek a major deficit reduction agreement. Obama immediately made the defense and domestic spending cuts of $ 1 trillion and Medicare, Medicaid and welfare spending cuts $ 650 billion, saying it was a very fair deal. The White House previously had planned to reach an agreement on July 22, giving lawmakers enough time to consider.
July 23, the two sides met again, but the negotiations broke down again. The White House said in a statement, the president reaffirmed their opposition to short-term debt ceiling increase, while urging Congress to end a dangerous political game in order to avoid the U.S. government of default. Currently, negotiations between the parties disagree on taxes, Democrats want to raise taxes while cutting the deficit, while Republicans oppose it.
The U.S. debt ceiling last weekend negotiations again break down, and Barack Obama (Barack Obama) for the first time acknowledged the possibility of default, the dollar index on Monday (July 25) in the Asia Pacific trading hours extended recent losses.
Spot gold last Friday (July 22) spot gold opened at 1,590.51 U.S. dollars / ounce, up U.S. $ 1,607.01 / oz,
A minimum of 1,583.34 U.S. dollars / ounce to close at 1,600.70 U.S. dollars / ounce, up $ 10.11 the previous day / ounce, up
Rate of 0.64%; its time spot opening for the $ 39.39 Silver / oz, up to 40.24 U.S. dollars / ounce,
As low as $ 38.79 / ounce to close at 40.06 U.S. dollars / ounce, compared with the previous trading day up 0.68 U.S. dollars / ounce, or 1.68%
The United States on Friday, Obama (Barack Obama) at the White House and congressional leaders held talks, but substantial progress. Republican House Speaker John Boehner (John Boehner) warned, would not seek a major deficit reduction agreement. Obama immediately made the defense and domestic spending cuts of $ 1 trillion and Medicare, Medicaid and welfare spending cuts $ 650 billion, saying it was a very fair deal. The White House previously had planned to reach an agreement on July 22, giving lawmakers enough time to consider.
July 23, the two sides met again, but the negotiations broke down again. The White House said in a statement, the president reaffirmed their opposition to short-term debt ceiling increase, while urging Congress to end a dangerous political game in order to avoid the U.S. government of default. Currently, negotiations between the parties disagree on taxes, Democrats want to raise taxes while cutting the deficit, while Republicans oppose it.
The U.S. debt ceiling last weekend negotiations again break down, and Barack Obama (Barack Obama) for the first time acknowledged the possibility of default, the dollar index on Monday (July 25) in the Asia Pacific trading hours extended recent losses.
The United States on Friday, Obama (Barack Obama) at the White House and congressional leaders held talks, but substantial progress. Republican House Speaker John Boehner (John Boehner) warned, would not seek a major deficit reduction agreement. Obama immediately made the defense and domestic spending cuts of $ 1 trillion and Medicare, Medicaid and welfare spending cuts $ 650 billion, saying it was a very fair deal. The White House previously had planned to reach an agreement on July 22, giving lawmakers enough time to consider.
July 23, the two sides met again, but the negotiations broke down again. The White House said in a statement, the president reaffirmed their opposition to short-term debt ceiling increase, while urging Congress to end a dangerous political game in order to avoid the U.S. government of default. Currently, negotiations between the parties disagree on taxes, Democrats want to raise taxes while cutting the deficit, while Republicans oppose it.
The U.S. debt ceiling last weekend negotiations again break down, and Barack Obama (Barack Obama) for the first time acknowledged the possibility of default, the dollar index on Monday (July 25) in the Asia Pacific trading hours extended recent losses.
Spot gold last Friday (July 22) spot gold opened at 1,590.51 U.S. dollars / ounce, up U.S. $ 1,607.01 / oz,
A minimum of 1,583.34 U.S. dollars / ounce to close at 1,600.70 U.S. dollars / ounce, up $ 10.11 the previous day / ounce, up
Rate of 0.64%; its time spot opening for the $ 39.39 Silver / oz, up to 40.24 U.S. dollars / ounce,
As low as $ 38.79 / ounce to close at 40.06 U.S. dollars / ounce, compared with the previous trading day up 0.68 U.S. dollars / ounce, or 1.68%
The United States on Friday, Obama (Barack Obama) at the White House and congressional leaders held talks, but substantial progress. Republican House Speaker John Boehner (John Boehner) warned, would not seek a major deficit reduction agreement. Obama immediately made the defense and domestic spending cuts of $ 1 trillion and Medicare, Medicaid and welfare spending cuts $ 650 billion, saying it was a very fair deal. The White House previously had planned to reach an agreement on July 22, giving lawmakers enough time to consider.
July 23, the two sides met again, but the negotiations broke down again. The White House said in a statement, the president reaffirmed their opposition to short-term debt ceiling increase, while urging Congress to end a dangerous political game in order to avoid the U.S. government of default. Currently, negotiations between the parties disagree on taxes, Democrats want to raise taxes while cutting the deficit, while Republicans oppose it.
The U.S. debt ceiling last weekend negotiations again break down, and Barack Obama (Barack Obama) for the first time acknowledged the possibility of default, the dollar index on Monday (July 25) in the Asia Pacific trading hours extended recent losses.
gold still has strong fundamentals to attract investors of reasons
Phillip Futures in Singapore, said investment analyst Ong Yi Ling, gold still has strong fundamentals to attract investors of reasons, including the continuing debt problems of the euro zone concerns, weak dollar, and emerging economies and their central banks to buy needed increase.
Analysts said the market outlook for the gold to provide further support will be the official areas: central banks in recent years continue to buy gold. According to the World Gold Council (WGC) 7 14 January, a report showed the first half of 2011, more than the world's central banks to buy gold in 2010 year level.
In addition, China and other major developing countries on inflation concerns also supported gold. Analysis, the global impact of loose monetary policy, inflation, short-term upward trend is unlikely to avoid, gold higher long-term natural reason.
From the supply side, there are further up the gold basis. Total gold production in 2010 exceeded the record high in 2001, the global gold market is about more than depletion of the newly discovered mineral deposits increasingly scarce, the quality of gold is expected to decline overall. Market participants expect supply to remain tight in the gold market, which will support prices of gold.
Obama) for the first time acknowledged the possibility of default, the dollar index on Monday (July 25) in the Asia Pacific trading hours extended recent losses.
Analysts said the market outlook for the gold to provide further support will be the official areas: central banks in recent years continue to buy gold. According to the World Gold Council (WGC) 7 14 January, a report showed the first half of 2011, more than the world's central banks to buy gold in 2010 year level.
In addition, China and other major developing countries on inflation concerns also supported gold. Analysis, the global impact of loose monetary policy, inflation, short-term upward trend is unlikely to avoid, gold higher long-term natural reason.
From the supply side, there are further up the gold basis. Total gold production in 2010 exceeded the record high in 2001, the global gold market is about more than depletion of the newly discovered mineral deposits increasingly scarce, the quality of gold is expected to decline overall. Market participants expect supply to remain tight in the gold market, which will support prices of gold.
Obama) for the first time acknowledged the possibility of default, the dollar index on Monday (July 25) in the Asia Pacific trading hours extended recent losses.
gold prices reach new high
gold prices reach new high
Spot gold last Friday (July 22) spot gold opened at 1,590.51 U.S. dollars / ounce, up U.S. $ 1,607.01 / oz,
A minimum of 1,583.34 U.S. dollars / ounce to close at 1,600.70 U.S. dollars / ounce, up $ 10.11 the previous day / ounce, up
Rate of 0.64%; its time spot opening for the $ 39.39 Silver / oz, up to 40.24 U.S. dollars / ounce,
As low as $ 38.79 / ounce to close at 40.06 U.S. dollars / ounce, compared with the previous trading day up 0.68 U.S. dollars / ounce, or 1.68%
The United States on Friday, Obama (Barack Obama) at the White House and congressional leaders held talks, but substantial progress. Republican House Speaker John Boehner (John Boehner) warned, would not seek a major deficit reduction agreement. Obama immediately made the defense and domestic spending cuts of $ 1 trillion and Medicare, Medicaid and welfare spending cuts $ 650 billion, saying it was a very fair deal. The White House previously had planned to reach an agreement on July 22, giving lawmakers enough time to consider.
July 23, the two sides met again, but the negotiations broke down again. The White House said in a statement, the president reaffirmed their opposition to short-term debt ceiling increase, while urging Congress to end a dangerous political game in order to avoid the U.S. government of default. Currently, negotiations between the parties disagree on taxes, Democrats want to raise taxes while cutting the deficit, while Republicans oppose it.
The U.S. debt ceiling last weekend negotiations again break down, and Barack Obama (Barack Obama) for the first time acknowledged the possibility of default, the dollar index on Monday (July 25) in the Asia Pacific trading hours extended recent losses.
Spot gold last Friday (July 22) spot gold opened at 1,590.51 U.S. dollars / ounce, up U.S. $ 1,607.01 / oz,
A minimum of 1,583.34 U.S. dollars / ounce to close at 1,600.70 U.S. dollars / ounce, up $ 10.11 the previous day / ounce, up
Rate of 0.64%; its time spot opening for the $ 39.39 Silver / oz, up to 40.24 U.S. dollars / ounce,
As low as $ 38.79 / ounce to close at 40.06 U.S. dollars / ounce, compared with the previous trading day up 0.68 U.S. dollars / ounce, or 1.68%
The United States on Friday, Obama (Barack Obama) at the White House and congressional leaders held talks, but substantial progress. Republican House Speaker John Boehner (John Boehner) warned, would not seek a major deficit reduction agreement. Obama immediately made the defense and domestic spending cuts of $ 1 trillion and Medicare, Medicaid and welfare spending cuts $ 650 billion, saying it was a very fair deal. The White House previously had planned to reach an agreement on July 22, giving lawmakers enough time to consider.
July 23, the two sides met again, but the negotiations broke down again. The White House said in a statement, the president reaffirmed their opposition to short-term debt ceiling increase, while urging Congress to end a dangerous political game in order to avoid the U.S. government of default. Currently, negotiations between the parties disagree on taxes, Democrats want to raise taxes while cutting the deficit, while Republicans oppose it.
The U.S. debt ceiling last weekend negotiations again break down, and Barack Obama (Barack Obama) for the first time acknowledged the possibility of default, the dollar index on Monday (July 25) in the Asia Pacific trading hours extended recent losses.
gold price raise reasons
gold price raise reasons
8 reasons of gold price raise as follow:
1 US dollars weakness as the main reason ,for gold price and US dollar negative correlation
2 shrouded in the global market panic
3 U.S. debt crisis
4 European debt crisis
5 hedge based on the "hedging" purposes, so I want to hold gold
6 industrial investment demand
7 because of inflation concerns worldwide, based on the "preservation" purposes, so I want to increase the holding gold.
8 Secondly, the European credit problems unsolved, and U.S. credit outlook suddenly jumped out was the downgrade thing,
8 reasons of gold price raise as follow:
1 US dollars weakness as the main reason ,for gold price and US dollar negative correlation
2 shrouded in the global market panic
3 U.S. debt crisis
4 European debt crisis
5 hedge based on the "hedging" purposes, so I want to hold gold
6 industrial investment demand
7 because of inflation concerns worldwide, based on the "preservation" purposes, so I want to increase the holding gold.
8 Secondly, the European credit problems unsolved, and U.S. credit outlook suddenly jumped out was the downgrade thing,
hedging demand raise the gold price
hedging demand raise the gold price
A kind of consumer demand
Mainly reflected in the physical demand of gold jewelry and industrial, especially gold jewelry
Year about 3,000 tons of mined gold is key quotas, including jewelry and industrial use accounted for more than 90%, less than 10% of new investment into the global gold mining,
That is less than 300 tons a year of new investment in mining gold in the form of scattered to the world, not even this small amount to meet the needs of the gold ETF.
2 speculative investment demand
The current volatile international financial environment, hedge and speculative demand for gold investment constitutes the peak season, the new investment and speculative demand will far exceed the demand for gold jewelry effect.
3 European and U.S. debt crisis debt the negative emotions
Regardless of risk appetite or risk aversion, risk aversion has great impact on the market uncertainty, which allow investors to take up the difficult
A kind of consumer demand
Mainly reflected in the physical demand of gold jewelry and industrial, especially gold jewelry
Year about 3,000 tons of mined gold is key quotas, including jewelry and industrial use accounted for more than 90%, less than 10% of new investment into the global gold mining,
That is less than 300 tons a year of new investment in mining gold in the form of scattered to the world, not even this small amount to meet the needs of the gold ETF.
2 speculative investment demand
The current volatile international financial environment, hedge and speculative demand for gold investment constitutes the peak season, the new investment and speculative demand will far exceed the demand for gold jewelry effect.
3 European and U.S. debt crisis debt the negative emotions
Regardless of risk appetite or risk aversion, risk aversion has great impact on the market uncertainty, which allow investors to take up the difficult
2011年7月24日 星期日
gold price soared sky-high price
gold price soared sky-high price
U.S. debt limit by negotiation
International gold Jingjing up, per ounce price once soared to a new U.S. government will increase the debt limit negotiations fail, the risk of seeing the United States down debt explode, driven by hedging demand, gold becomes a hit.
New York, August gold rose 1.4% in intraday trading, reported $ 1624.30 per ounce. 7:41 am Singapore time, gold reported $ 1,617.20. Spot gold rose plate was also 1.4 percent, to $ 1,624.07.
Mine Life Pty Ltd. In Sydney, Head Winter (Gavin Wendt) said: "European investors are increasingly worried about the debt crisis, demand for gold Roll hedge as investors have fled U.S., looking for safe haven."
U.S. House of Representatives Speaker Boehner (John Boehner) to the Republicans said that in the final on August 2 as before, the United States has yet to finalize an agreement to increase the debt limit. Standard & Poor's credit ratings (Standard & Poor \ s Corp.) 21 warned that debt limit negotiations stalled, the S & P down over the next three months, the U.S. "AAA" credit rating the probability of the top high as 50%.
HSBC Securities USA Inc. Analyst Steer (James Steel) released a report that: "The EU assistance to hope to finalize the program, the market suddenly turned into a stalemate of the focus of U.S. debt negotiation, which will be about the gold price the United States may still be finalized Lightning debt limit negotiations, the price of gold will make an immediate negative response to this. "
Republican Congressional officials said Burnett by telephone to the members that the debt ceiling increase of $ 14.3 trillion of which is continuing negotiations. Measure the U.S. dollar against six major currencies dollar index (Dollar Index) depreciation of 0.3% in intraday trading today.
Winter said: "As long as uncertainty continued to negotiate debt limit, no doubt, to hedge the price of gold demand is still rising in tandem."
U.S. debt limit by negotiation
International gold Jingjing up, per ounce price once soared to a new U.S. government will increase the debt limit negotiations fail, the risk of seeing the United States down debt explode, driven by hedging demand, gold becomes a hit.
New York, August gold rose 1.4% in intraday trading, reported $ 1624.30 per ounce. 7:41 am Singapore time, gold reported $ 1,617.20. Spot gold rose plate was also 1.4 percent, to $ 1,624.07.
Mine Life Pty Ltd. In Sydney, Head Winter (Gavin Wendt) said: "European investors are increasingly worried about the debt crisis, demand for gold Roll hedge as investors have fled U.S., looking for safe haven."
U.S. House of Representatives Speaker Boehner (John Boehner) to the Republicans said that in the final on August 2 as before, the United States has yet to finalize an agreement to increase the debt limit. Standard & Poor's credit ratings (Standard & Poor \ s Corp.) 21 warned that debt limit negotiations stalled, the S & P down over the next three months, the U.S. "AAA" credit rating the probability of the top high as 50%.
HSBC Securities USA Inc. Analyst Steer (James Steel) released a report that: "The EU assistance to hope to finalize the program, the market suddenly turned into a stalemate of the focus of U.S. debt negotiation, which will be about the gold price the United States may still be finalized Lightning debt limit negotiations, the price of gold will make an immediate negative response to this. "
Republican Congressional officials said Burnett by telephone to the members that the debt ceiling increase of $ 14.3 trillion of which is continuing negotiations. Measure the U.S. dollar against six major currencies dollar index (Dollar Index) depreciation of 0.3% in intraday trading today.
Winter said: "As long as uncertainty continued to negotiate debt limit, no doubt, to hedge the price of gold demand is still rising in tandem."
Gold price and Gold price inquiries
Gold price and Gold price inquiries
Ups and downs of gold, gold prices in the international market are denominated in U.S. dollars to do the unit, so the U.S. has great power
About the ups and downs of the international gold price, gold price in the international display panels, gold and USD exchange rate chart
To refer to the price of gold and inquiries
1 month before the employment data was significantly lower than expected
$ 2 weaker
Lead investor concerns about the economic recovery further increased, thus stimulating demand to enter the gold market hedge
, Pushed the day's gold price. At the same time, pressure by the downturn in employment data, the U.S. dollar against other major currencies the day
The exchange rate for the third consecutive trading day down, which also dollar-denominated gold propped up.
Ups and downs of gold, gold prices in the international market are denominated in U.S. dollars to do the unit, so the U.S. has great power
About the ups and downs of the international gold price, gold price in the international display panels, gold and USD exchange rate chart
To refer to the price of gold and inquiries
1 month before the employment data was significantly lower than expected
$ 2 weaker
Lead investor concerns about the economic recovery further increased, thus stimulating demand to enter the gold market hedge
, Pushed the day's gold price. At the same time, pressure by the downturn in employment data, the U.S. dollar against other major currencies the day
The exchange rate for the third consecutive trading day down, which also dollar-denominated gold propped up.
gold demand in China and India
World Gold Council expects gold demand in China and India will support the steady growth in the field of gold to remain strong throughout 2011.
In addition, central banks around the first quarter of large quantities of gold to further promote the growth of gold demand,
Reinforces the importance of gold as a reserve asset position. It is reported that central banks bought gold in the quarter
Stroke volume jumped to 129.0 metric tons (57 billion), exceeding the 2010 total annual purchase. In the context of global inflationary pressures,
Central bank (especially in emerging market countries) is to have the gold purchase plan as a means
To diversify into other currencies.
World financial turmoil, the dollar's advantage is not, for the awakening of the ancient currency ─ ─ gold, how to invest the sale of gold to obtain higher returns to buy the best physical gold or gold spot gold trading is required to find good shops, the price is not exaggerated to choice.
Buy gold buy gold bars, suggested the best, buy gold because gold will add design fees and wages, stores selling gold when gold is calculated on the inside, so the higher price of gold to buy gold, buy gold bullion prices are low because no design fees and wages, buying and selling gold bullion investment to greater profit margins.
Looking to sell gold when the excellent reputation and the price of gold is not exaggerated the professional recycling company to recover the gold, the price of gold recovery than conventional high silver to gold on the floor of many, the relative profitability of the selling price of gold will Many high.
Ups and downs of gold, gold prices in the international market to do denominated in dollars, so the dollar is about the power of great ups and downs of gold prices, gold prices in the international display boards, gold charts, and reference to the U.S. dollar to gold in determining the gold price and check the timing of the sale of gold.
In addition, central banks around the first quarter of large quantities of gold to further promote the growth of gold demand,
Reinforces the importance of gold as a reserve asset position. It is reported that central banks bought gold in the quarter
Stroke volume jumped to 129.0 metric tons (57 billion), exceeding the 2010 total annual purchase. In the context of global inflationary pressures,
Central bank (especially in emerging market countries) is to have the gold purchase plan as a means
To diversify into other currencies.
World financial turmoil, the dollar's advantage is not, for the awakening of the ancient currency ─ ─ gold, how to invest the sale of gold to obtain higher returns to buy the best physical gold or gold spot gold trading is required to find good shops, the price is not exaggerated to choice.
Buy gold buy gold bars, suggested the best, buy gold because gold will add design fees and wages, stores selling gold when gold is calculated on the inside, so the higher price of gold to buy gold, buy gold bullion prices are low because no design fees and wages, buying and selling gold bullion investment to greater profit margins.
Looking to sell gold when the excellent reputation and the price of gold is not exaggerated the professional recycling company to recover the gold, the price of gold recovery than conventional high silver to gold on the floor of many, the relative profitability of the selling price of gold will Many high.
Ups and downs of gold, gold prices in the international market to do denominated in dollars, so the dollar is about the power of great ups and downs of gold prices, gold prices in the international display boards, gold charts, and reference to the U.S. dollar to gold in determining the gold price and check the timing of the sale of gold.
9 major reasons why gold price rise
why gold price rise
1 gold mining is not easy, future gold supply is limited
2 European debt crisis continues to expand
3 U.S. debt limit proposal
4 safe-haven demand for increased risk aversion
$ 5 to weaken
6 world's largest gold ETF positions change
7 the third round of the quantitative easing monetary policy expectations
8 Libya War
9 Gold demand in China and India
1 gold mining is not easy, future gold supply is limited
2 European debt crisis continues to expand
3 U.S. debt limit proposal
4 safe-haven demand for increased risk aversion
$ 5 to weaken
6 world's largest gold ETF positions change
7 the third round of the quantitative easing monetary policy expectations
8 Libya War
9 Gold demand in China and India
Gold Investment Summary
Gold Investment Summary
European credit crisis kept burning, in support of hedging demand, the international price of gold with 11 up, 40 up the years of the longest records, today (18) day break $ 1,600 / ounce, Polaris Man Futures Research, said, Gold prices benefited from the release of stress testing in Europe, as well as weak U.S. economic data contention under the debt ceiling does not affect the negotiations, August gold prices continued Yang, terms of $ 1,650.
Polaris Man's futures pointed out, the World Gold Council announced the 2011 WGC 2
"Gold Investment Summary" report, in the second quarter of the global gold exchange trading funds (ETF) a net increase of 46 tons to 2,155 tons, amounting to 1,042 billion U.S. dollars. Now half of the year the world's central banks are buying gold reserves are more than the standard full year last year, of which the second quarter of Mexico's central bank bought 100 tons of gold the most.
Now in the 2nd quarter performance of gold, including commodities and more than the number of major assets, and the first quarter of the average gold price volatility rate of 13.4%, less than 20 years long-term average. WGC investment research manager Yati Jiasi (Juan Carlos Artigas) pointed out that the characteristics of gold to the period of economic uncertainty for investors manage risk is an important strategic asset.
International gold prices continue to rise today, up to 11 days straight, the longest is 40 years coming up record, breaking session today, $ 1,600 / ounce, the highest price went to $ 1,601, Polaris Man's futures that benefit from the price of gold the release of stress tests in Europe, the weak U.S. economic data and argue under the debt ceiling is not negotiations, raising fears led to demand for a large hedge.
Polaris Man's futures further said, according to CFTC data showed speculators increased substantially last week, the U.S. fund the long term bet, but the world's largest gold exchange fund (ETF) - SPDR Gold Trust Positions are also coming up to hit the end of January level.
Polaris Man's futures that Europe's political uncertainty remains a major axis, on Friday the EU Banking Authority, said 90 European banks in eight failed the stress test, although the performance than the market forecast better, but questioned the test confidence level of investor confidence is still suppressed.
The U.S. government default risk has pushed up the rising trend in gold prices, gold price volatility will be with the 8 / 2 of the future to increase. Another U.S. consumer confidence hit a low point in early July and manufacturing output stagnant, weak command economic growth worry. Analysts said the higher price of gold at the bottom have more cushion, "$ 1,500 is a relatively low-cost areas," the short-term gold price is still good, August upward pressure on gold has been seen $ 1,650 to show up there too, Every fabric and more sustainable return
European credit crisis kept burning, in support of hedging demand, the international price of gold with 11 up, 40 up the years of the longest records, today (18) day break $ 1,600 / ounce, Polaris Man Futures Research, said, Gold prices benefited from the release of stress testing in Europe, as well as weak U.S. economic data contention under the debt ceiling does not affect the negotiations, August gold prices continued Yang, terms of $ 1,650.
Polaris Man's futures pointed out, the World Gold Council announced the 2011 WGC 2
"Gold Investment Summary" report, in the second quarter of the global gold exchange trading funds (ETF) a net increase of 46 tons to 2,155 tons, amounting to 1,042 billion U.S. dollars. Now half of the year the world's central banks are buying gold reserves are more than the standard full year last year, of which the second quarter of Mexico's central bank bought 100 tons of gold the most.
Now in the 2nd quarter performance of gold, including commodities and more than the number of major assets, and the first quarter of the average gold price volatility rate of 13.4%, less than 20 years long-term average. WGC investment research manager Yati Jiasi (Juan Carlos Artigas) pointed out that the characteristics of gold to the period of economic uncertainty for investors manage risk is an important strategic asset.
International gold prices continue to rise today, up to 11 days straight, the longest is 40 years coming up record, breaking session today, $ 1,600 / ounce, the highest price went to $ 1,601, Polaris Man's futures that benefit from the price of gold the release of stress tests in Europe, the weak U.S. economic data and argue under the debt ceiling is not negotiations, raising fears led to demand for a large hedge.
Polaris Man's futures further said, according to CFTC data showed speculators increased substantially last week, the U.S. fund the long term bet, but the world's largest gold exchange fund (ETF) - SPDR Gold Trust Positions are also coming up to hit the end of January level.
Polaris Man's futures that Europe's political uncertainty remains a major axis, on Friday the EU Banking Authority, said 90 European banks in eight failed the stress test, although the performance than the market forecast better, but questioned the test confidence level of investor confidence is still suppressed.
The U.S. government default risk has pushed up the rising trend in gold prices, gold price volatility will be with the 8 / 2 of the future to increase. Another U.S. consumer confidence hit a low point in early July and manufacturing output stagnant, weak command economic growth worry. Analysts said the higher price of gold at the bottom have more cushion, "$ 1,500 is a relatively low-cost areas," the short-term gold price is still good, August upward pressure on gold has been seen $ 1,650 to show up there too, Every fabric and more sustainable return
gold prices rise reason?
gold prices rise reason?
1 response to global financial uncertainty
2 European debt crisis
3 U.S. debt limit
4 in China, strong demand for gold
1 response to global financial uncertainty
2 European debt crisis
3 U.S. debt limit
4 in China, strong demand for gold
Gold price rise to $ 2,000 reasons
Gold price rise to $ 2,000 reasons
1 Continental mad to buy gold watch $ 2,000 within three years
2 China and India's rising demand for gold, gold prices have the opportunity to reach U.S. $ 5,000 in 2020
3 Emerging market countries, inflation accelerated, making the international gold prices soaring this year
4 continent "five-second" period will be more investment in the mainland electricity industry, "Eleventh Five-Year" surge 66% to reach RMB 5.3 trillion,
Which will create 25 million tonnes of copper demand.
1 Continental mad to buy gold watch $ 2,000 within three years
2 China and India's rising demand for gold, gold prices have the opportunity to reach U.S. $ 5,000 in 2020
3 Emerging market countries, inflation accelerated, making the international gold prices soaring this year
4 continent "five-second" period will be more investment in the mainland electricity industry, "Eleventh Five-Year" surge 66% to reach RMB 5.3 trillion,
Which will create 25 million tonnes of copper demand.
Gold prices rise reasons
Gold prices rise reasons
1 gold production growth slowed down
2 Continental and Indian demand has continued to increase
3 The acceleration of inflation in emerging market countries
4 European sovereign debt crisis
Bloomberg reported that Standard Chartered Bank head of metals and mining businesses Chen Yan Bloomberg television interview, said gold production growth slowed down,
Mainland China and India, demand has continued to increase in international gold prices in 2014 may reach $ 2,000 per ounce.
He said: "With the rising income of China and India, gold prices have the opportunity to reach U.S. $ 5,000 in 2020."
Acceleration of inflation in emerging market countries and the European sovereign debt crisis is always hard to understand, making the international gold prices have risen steadily this year,
And washed in 18 per ounce of $ 1,600 has always been high. This year, the international spot price of gold has risen 12%.
1 gold production growth slowed down
2 Continental and Indian demand has continued to increase
3 The acceleration of inflation in emerging market countries
4 European sovereign debt crisis
Bloomberg reported that Standard Chartered Bank head of metals and mining businesses Chen Yan Bloomberg television interview, said gold production growth slowed down,
Mainland China and India, demand has continued to increase in international gold prices in 2014 may reach $ 2,000 per ounce.
He said: "With the rising income of China and India, gold prices have the opportunity to reach U.S. $ 5,000 in 2020."
Acceleration of inflation in emerging market countries and the European sovereign debt crisis is always hard to understand, making the international gold prices have risen steadily this year,
And washed in 18 per ounce of $ 1,600 has always been high. This year, the international spot price of gold has risen 12%.
2011 Why you should buy gold, nine reasons?
2011 Why you should buy gold, nine reasons?
1 gold price rise.U.S. Treasury issues no progress
2 gold price rise.Greek aid arrangements may be realized, Greece has the technical default
3 gold price rise.Norwegian government building bomb blast
4 gold price rise.Chinese wedding season, I believe gold will drive more people to invest in gold trading
5 gold price rise.gold market price performance of all developed countries, the crisis is endogenous
To deepen the collective
6 gold price rise.to buy gold is used to hedge
7 gold price rise.Italian bond yields rose faster, the market has been selling assets, the debt crisis has been deepening and generalization.
8 gold price rise.gold supply and demand balance showing
First quarter of 2011, global gold supply to 872.2 tons, 912.1 tons over the same period last year, reducing 39.9 tons, a decrease of 4.37%.
The first quarter of 2011, global gold demand was 981.3 tons, 881 tons over the same period last year increased 100.3 tons, an increase of 11.38%.
As can be seen from the data, the supply-over-year decline, year on year increase in demand, hard to change this situation,
After all, the improvement of gold production is not easy
9 gold price rise.mainland economic growth and create more wealth, inflation rate stood high on the last three years, the mainland financial market expectations rising demand for gold will continue to
1 gold price rise.U.S. Treasury issues no progress
2 gold price rise.Greek aid arrangements may be realized, Greece has the technical default
3 gold price rise.Norwegian government building bomb blast
4 gold price rise.Chinese wedding season, I believe gold will drive more people to invest in gold trading
5 gold price rise.gold market price performance of all developed countries, the crisis is endogenous
To deepen the collective
6 gold price rise.to buy gold is used to hedge
7 gold price rise.Italian bond yields rose faster, the market has been selling assets, the debt crisis has been deepening and generalization.
8 gold price rise.gold supply and demand balance showing
First quarter of 2011, global gold supply to 872.2 tons, 912.1 tons over the same period last year, reducing 39.9 tons, a decrease of 4.37%.
The first quarter of 2011, global gold demand was 981.3 tons, 881 tons over the same period last year increased 100.3 tons, an increase of 11.38%.
As can be seen from the data, the supply-over-year decline, year on year increase in demand, hard to change this situation,
After all, the improvement of gold production is not easy
9 gold price rise.mainland economic growth and create more wealth, inflation rate stood high on the last three years, the mainland financial market expectations rising demand for gold will continue to
2011年7月23日 星期六
euro zone sovereign debt crisis International gold price 1,609.88
due to expansion of the euro zone sovereign debt crisis, debt negotiations and the U.S. in trouble, this increased market concerns about the outlook for the economy, a lot of money into safe assets to avoid the risk of gold. International price of gold from July 4 until July 18, up 11 consecutive trading days, the gold price since 1980 after reaching 11 with yang, the re-emergence of this rare scene. July 18, the day the price of gold up on the red to $ 1,609.88 / ounce, setting a record high for gold.
In the course of gold prices, investors also continue to increase their gold. The world's largest gold etf spdr gold trust even in the sun during this 11, 43.53 tons of gold holdings. Gold etf gold held by the world number has reached record highs.
In the course of gold prices, investors also continue to increase their gold. The world's largest gold etf spdr gold trust even in the sun during this 11, 43.53 tons of gold holdings. Gold etf gold held by the world number has reached record highs.
the international crisis European debt gold price continued to stand on the $ 1,600
the international crisis European debt gold price continued to stand on the $ 1,600
European and American debt crisis continued geopolitical unrest increased, international gold stand on the $ 1,600 on Friday in New York gold closed $ 1,601.5; investment experts said, the atmosphere is still Chi-hedge gold, gold is expected to challenge a record high, Investors should bargain layout.
International price of gold down $ 1,585 last week, 10-day line up in the $ 1,600 off before the shock, on Tuesday in New York gold futures hit a historic high price after $ 1,610.7 back; but the market came out of the U.S. House of Representatives Speaker of the negotiations with the White House , pushing up the New York gold closed $ 1601.5.
Recent trend appears unilateral gold rally, rising 11 days and hit a record high of $ 1,609 an ounce, the cumulative increase of up to $ 130, which is very rare in recent years. Thailand Great Wall Futures Institute (Shanghai) Gold researcher Michael said, followed by spot gold futures, gold cross, gold spot prices in t + d July 19, climbed up to 334 yuan / gram, but very large fluctuations in the day, the lowest has hit 315 yuan / gram. Volume recently has been enlarged, the average daily trading volume around 20 tons, and the end of April early May prices rose to almost the same amount.
Eurozone summit, according to the draft on Thursday showed the euro zone leaders decided to European financial stability mechanism (efsf) loans for the period from 7.5 years to at least 15 years; the same time, Greece and Portugal from the fund to provide loan interest rates will come about 4.5% down to 3.5 percent. After the publication of the draft, making the improvement in risk appetite was quickly dropped the price of gold.
At the same time, a German government source said Germany and France have the summit in Brussels on Thursday on how to solve the debt problems of Greece agreed position. And on the position of the permanent President of the Council of Europe has been discussed Rompuy.
However, the euro zone debt crisis is only "an improvement" from the fully resolved there is still a long way to go. In addition, the U.S. debt ceiling is still no substantial progress in the negotiations will drag on investors' risk appetite.
European and American debt crisis continued geopolitical unrest increased, international gold stand on the $ 1,600 on Friday in New York gold closed $ 1,601.5; investment experts said, the atmosphere is still Chi-hedge gold, gold is expected to challenge a record high, Investors should bargain layout.
International price of gold down $ 1,585 last week, 10-day line up in the $ 1,600 off before the shock, on Tuesday in New York gold futures hit a historic high price after $ 1,610.7 back; but the market came out of the U.S. House of Representatives Speaker of the negotiations with the White House , pushing up the New York gold closed $ 1601.5.
Recent trend appears unilateral gold rally, rising 11 days and hit a record high of $ 1,609 an ounce, the cumulative increase of up to $ 130, which is very rare in recent years. Thailand Great Wall Futures Institute (Shanghai) Gold researcher Michael said, followed by spot gold futures, gold cross, gold spot prices in t + d July 19, climbed up to 334 yuan / gram, but very large fluctuations in the day, the lowest has hit 315 yuan / gram. Volume recently has been enlarged, the average daily trading volume around 20 tons, and the end of April early May prices rose to almost the same amount.
Eurozone summit, according to the draft on Thursday showed the euro zone leaders decided to European financial stability mechanism (efsf) loans for the period from 7.5 years to at least 15 years; the same time, Greece and Portugal from the fund to provide loan interest rates will come about 4.5% down to 3.5 percent. After the publication of the draft, making the improvement in risk appetite was quickly dropped the price of gold.
At the same time, a German government source said Germany and France have the summit in Brussels on Thursday on how to solve the debt problems of Greece agreed position. And on the position of the permanent President of the Council of Europe has been discussed Rompuy.
However, the euro zone debt crisis is only "an improvement" from the fully resolved there is still a long way to go. In addition, the U.S. debt ceiling is still no substantial progress in the negotiations will drag on investors' risk appetite.
2011年7月22日 星期五
Gold demand is still growing
Gold demand is still growing
Since the international price of gold onto the $ 1,300 "gold bubble" theory will continue to emerge. But this year, six months, gold has gone up 13%. In the end who is in the holdings of gold?
Data show that the first quarter of 2011, global demand for gold reached a total of 981.3 tons, an increase of 11%. World Gold Council in a July 14 report that the first half of 2011, more than the world's central banks to buy gold in 2010 year level.
Behind the rising price of gold is real gold demand, especially investment demand rose sharply. The first quarter of this year, investment demand for gold rose by 26%.
Balai Ke capital studies have shown that various types of ET F Fund's total gold holdings this year, there has been explosive growth, less investment in gold and even some previous partial stock funds, have begun to invest in gold gold positions established.
As of July 18, the world's largest gold exchange-traded fund (ETF) SPD R large gold positions Masukura to 1249 tons or so. Gold pulled back slightly on Tuesday after the money began to select profit-taking, (ET F) SPD RG old positions than the previous trading day down 3.33 tons.
World Gold Council in July to the latest report on global official gold reserves, as of May 2011, the United States, Germany, the IMF points out the top three, which the United States has reserves of 8,133.5 tons of gold, accounting for 74.7 of total foreign exchange reserves %; China ranked sixth, with 1054.1 tons of gold reserves.
Data show that, in accordance with the third Central Bank Gold Agreement (CBGA 3) data, there is no member in June, sales of gold. In the first five months of this year, Russia's large holdings of central bank gold reserves 5.6 tons.
Analysts said that China's holdings of gold reserves far less than the United States, Germany and Italy's holdings, future reserves larger space. In addition, China's high inflation and lack of domestic investment also means that domestic demand for gold is very large, the first quarter of 2011, China's gold demand for the quarter rose 21 percent, creating a new record of 142.9 tons of the quarter. Chinese demand for gold will be good long-term support.
Gold as "psychological placebo"
Psychological analysis of gold investment, there are comments that, for all the gold the most financial properties commodity futures products, it seems that the economic panic of the times, "Noah's ark." There commentator pointed out, the best moment of gold as the "psychological placebo", the root cause is the era of economic shocks, do not have a reliable notes, notes of quantitative easing monetary policy led to the bubble, but gold is deposited on the foam-based foam notes on the bubble.
Since the international price of gold onto the $ 1,300 "gold bubble" theory will continue to emerge. But this year, six months, gold has gone up 13%. In the end who is in the holdings of gold?
Data show that the first quarter of 2011, global demand for gold reached a total of 981.3 tons, an increase of 11%. World Gold Council in a July 14 report that the first half of 2011, more than the world's central banks to buy gold in 2010 year level.
Behind the rising price of gold is real gold demand, especially investment demand rose sharply. The first quarter of this year, investment demand for gold rose by 26%.
Balai Ke capital studies have shown that various types of ET F Fund's total gold holdings this year, there has been explosive growth, less investment in gold and even some previous partial stock funds, have begun to invest in gold gold positions established.
As of July 18, the world's largest gold exchange-traded fund (ETF) SPD R large gold positions Masukura to 1249 tons or so. Gold pulled back slightly on Tuesday after the money began to select profit-taking, (ET F) SPD RG old positions than the previous trading day down 3.33 tons.
World Gold Council in July to the latest report on global official gold reserves, as of May 2011, the United States, Germany, the IMF points out the top three, which the United States has reserves of 8,133.5 tons of gold, accounting for 74.7 of total foreign exchange reserves %; China ranked sixth, with 1054.1 tons of gold reserves.
Data show that, in accordance with the third Central Bank Gold Agreement (CBGA 3) data, there is no member in June, sales of gold. In the first five months of this year, Russia's large holdings of central bank gold reserves 5.6 tons.
Analysts said that China's holdings of gold reserves far less than the United States, Germany and Italy's holdings, future reserves larger space. In addition, China's high inflation and lack of domestic investment also means that domestic demand for gold is very large, the first quarter of 2011, China's gold demand for the quarter rose 21 percent, creating a new record of 142.9 tons of the quarter. Chinese demand for gold will be good long-term support.
Gold as "psychological placebo"
Psychological analysis of gold investment, there are comments that, for all the gold the most financial properties commodity futures products, it seems that the economic panic of the times, "Noah's ark." There commentator pointed out, the best moment of gold as the "psychological placebo", the root cause is the era of economic shocks, do not have a reliable notes, notes of quantitative easing monetary policy led to the bubble, but gold is deposited on the foam-based foam notes on the bubble.
gold price Hedging demand
gold price Hedging demand
Gold prices close to record highs, due to debt concerns in Europe and America continued to drive investors to buy safe-haven demand for gold.
Gold futures for August delivery rose $ 14.50, or 0.9%, ounce to $ 1,601.50, after hitting $ 1,607.70. Gold rose 0.7% this week, even three weeks up.
New York Mercantile Exchange, silver for September delivery rose $ 1.175, or 3 percent, ounce to $ 40.122. Silver prices rose 2.7 percent this week, tired, and even three weeks up.
Palladium for September delivery fell $ 2.60, or 0.3 percent, closing $ 806.40 an ounce, palladium prices this week rose 3.3%.
Period of platinum for October delivery rose $ 10.60, or 0.6 percent, received $ 1,798.40 an ounce this week, rose 2.4%. Palladium and platinum prices are rising for four weeks.
Copper prices rose three days for the first time, the strike has triggered demand for Chile's forecast.
New York Mercantile Exchange price of copper for September delivery closed up 2.65 cents, or 0.6 percent, reported $ 4.41 per pound.
London Metal Exchange (LME) 3 months after the delivery of copper prices fell $ 5, reported $ 9,675 per ton ($ 4.39 per pound). The price of copper over the past 12 months rose 38%.
Fun gold by central banks to buy those
Franklin Gold Fund manager Stephen ‧ Rand (Stephen Land) in Taiwan recently said: "The price may be high frequency, the main reason is supply and demand of gold." He believes that the gold supply increased by only about 1.6 percent per year, but the emerging market consumer force continued to increase, leading to price rise.
In addition, the U.S. unemployment rate remains high, the economic recovery stalled, with the debt crisis, the market against the U.S. dollar, the euro's stability is also skeptical. However, both of gold as money, but also to prevent inflation, so in the past 20 years, central banks have been standing in the seller, last year, central banks have become net buyers of gold to diversify currency risk.
Stephen ‧ Rand also said that gold stocks underperformed the gold price, because the rate of rising costs, more than the price of gold rose. For example, about the first quarter of the price of gold rose more than the fourth quarter of last year, $ 20, but the cost is even higher growth rate, gross margins are compressed, leading gold mining company in the first quarter of the profit decline. The second quarter of this year, the price of gold rose more than $ 100, although the costs were still rising, but because less than the price of gold rose, gold is expected to enhance the company's gross margin is expected to
Gold prices close to record highs, due to debt concerns in Europe and America continued to drive investors to buy safe-haven demand for gold.
Gold futures for August delivery rose $ 14.50, or 0.9%, ounce to $ 1,601.50, after hitting $ 1,607.70. Gold rose 0.7% this week, even three weeks up.
New York Mercantile Exchange, silver for September delivery rose $ 1.175, or 3 percent, ounce to $ 40.122. Silver prices rose 2.7 percent this week, tired, and even three weeks up.
Palladium for September delivery fell $ 2.60, or 0.3 percent, closing $ 806.40 an ounce, palladium prices this week rose 3.3%.
Period of platinum for October delivery rose $ 10.60, or 0.6 percent, received $ 1,798.40 an ounce this week, rose 2.4%. Palladium and platinum prices are rising for four weeks.
Copper prices rose three days for the first time, the strike has triggered demand for Chile's forecast.
New York Mercantile Exchange price of copper for September delivery closed up 2.65 cents, or 0.6 percent, reported $ 4.41 per pound.
London Metal Exchange (LME) 3 months after the delivery of copper prices fell $ 5, reported $ 9,675 per ton ($ 4.39 per pound). The price of copper over the past 12 months rose 38%.
Fun gold by central banks to buy those
Franklin Gold Fund manager Stephen ‧ Rand (Stephen Land) in Taiwan recently said: "The price may be high frequency, the main reason is supply and demand of gold." He believes that the gold supply increased by only about 1.6 percent per year, but the emerging market consumer force continued to increase, leading to price rise.
In addition, the U.S. unemployment rate remains high, the economic recovery stalled, with the debt crisis, the market against the U.S. dollar, the euro's stability is also skeptical. However, both of gold as money, but also to prevent inflation, so in the past 20 years, central banks have been standing in the seller, last year, central banks have become net buyers of gold to diversify currency risk.
Stephen ‧ Rand also said that gold stocks underperformed the gold price, because the rate of rising costs, more than the price of gold rose. For example, about the first quarter of the price of gold rose more than the fourth quarter of last year, $ 20, but the cost is even higher growth rate, gross margins are compressed, leading gold mining company in the first quarter of the profit decline. The second quarter of this year, the price of gold rose more than $ 100, although the costs were still rising, but because less than the price of gold rose, gold is expected to enhance the company's gross margin is expected to
2011年7月20日 星期三
13 reasons Gold Price rising
13 reasons Gold Price rising
Gold price all the way through,
rise to $ 1,420 an ounce by the beginning of July 19 of $ 1,604, or
up to 11.83% .
13 Gold prices rising reasons as follows:
1 gold without any pressure to technical
2011-07-20 day, the morning fixing in London spot gold price of $ 1,602.00 / oz.
Present high gold prices trend
2 U.S. debt default risk rising U.S. debt ceiling has not yet reached any conclusions
If the United States on August 2 is really no agreement is reached, the gold and silver prices will inevitably surge,
Even the safest investment haven is not insurance, hedge funds will be massive flock to precious metals and the euro.
3 Japan earthquake
4 unstable political situation in East and North Africa
5 European debt crisis continued to spread the resurgence of the euro zone sovereign debt crisis
6 high inflation in developing countries
7 China, India, the demand for gold continued warming
8 gold mining because of the difficulties and high elasticity of supply is low, mainly due to the demand can not increase quickly,
Estimates this year will be 262 tonnes of gold supply gap
9 intensified investor fears
10 global monetary easing environmental change,
11 international investment market uncertainty
12 us dollars weaken
13 increase safe-haven buying
Gold price all the way through,
rise to $ 1,420 an ounce by the beginning of July 19 of $ 1,604, or
up to 11.83% .
13 Gold prices rising reasons as follows:
1 gold without any pressure to technical
2011-07-20 day, the morning fixing in London spot gold price of $ 1,602.00 / oz.
Present high gold prices trend
2 U.S. debt default risk rising U.S. debt ceiling has not yet reached any conclusions
If the United States on August 2 is really no agreement is reached, the gold and silver prices will inevitably surge,
Even the safest investment haven is not insurance, hedge funds will be massive flock to precious metals and the euro.
3 Japan earthquake
4 unstable political situation in East and North Africa
5 European debt crisis continued to spread the resurgence of the euro zone sovereign debt crisis
6 high inflation in developing countries
7 China, India, the demand for gold continued warming
8 gold mining because of the difficulties and high elasticity of supply is low, mainly due to the demand can not increase quickly,
Estimates this year will be 262 tonnes of gold supply gap
9 intensified investor fears
10 global monetary easing environmental change,
11 international investment market uncertainty
12 us dollars weaken
13 increase safe-haven buying
2011年7月19日 星期二
Reasons Why the Gold Price Will Continue to Rise - And How to Profit From It
Technically - indicators point to a continuation in the inexorable rise of precious metals. Technical indicators are signaling a buy in gold and silver. Gold started the year at $880 and, as I write, is now standing at $960, a rise of 9% and we are just into August - and this should be the quiet season. Admittedly its been volatile at times but the gold price will continue to rise.
Historically - gold is the asset to hold in times of uncertainty and that is what we are experiencing right now . Uncertainty is another reason Why The Gold Price Will Continue To Rise . Recent comments on the economy have been optimistic but these 'green shoot' claims are predominantly fueled by government organizations, banks and generally vested interests. How confident should that make us feel? The Bank of England have, in effect, contradicted the government claims by putting another £50 billion sterling into the economy. This indicates the present level of quantitative easing (QA) is not yet effective.
Emotionally - the smaller investor is more fearful of risk, and responds to the drip-drip effect of hearing and reading day-in and day-out that gold is the asset to rely on to protect their wealth. The markets may appear to be booming again but they're possibly just suffering from a bubble hangover. This could be a secondary bubble ready to pop. The resulting fear is a primary reason Why The Gold Price Will Continue To Rise
Financially - As the dollar wavers, gold continues to creep up. Nothing too dramatic. Just a steady rise. Interest rates continue to remain historically low. The message that inflation could soar, currencies collapse, and gold reemerge as the new global currency is promoting a rising tide of demand for bullion.
Productively with Price Suppression- Many well respected gold pundits have long been convinced the gold price has been suppressed. But, despite that the price still rises. How high would it be already if no suppression scheme existed? How does this effect production of gold? Suppression of price reduces production which ultimately results in a shortage of the metal. Demand exceeds supply - and , the price goes up.
Strategically - despite the market momentum driven by large investment banks and hedge funds, the smaller, longer term investors are losing their appetite for risk and are beginning to see gold ETFS and shares as the better option. Gold shares have been sluggish recently, but once gold passes the US$1000 level again and sticks, investors will gain the confidence to buy into the mining shares again. The ease of electronic trading makes it very convenient to buy bullion or share ETFs - easier than gold and silver bullion, and strategically placed for leverage on the increase in the gold price.
Creatively - creative accounting may well also influence the ultimate gold price rise. There are rumours circulating that the commodity exchanges allow gold futures contracts to be settled in shares of the gold exchange funds. (ETFs) rather than in bullion. If there is ever a question mark concerning the amount of metal held by the ETFs in relation to the gold traded, the price will soar.
Politically - China has indicated its intention to increase gold reserves. Their 2 trillion dollar holding, which they already fear will be devalued, gives them the financial strength to move into stockpiling of real assets, and the acquisition of commodity based strategic assets, including gold as the ultimate US Dollar hedge.
Conclusion - the price of gold is like a river backing up behind the dam wall. When the streams of technical and historical indicators, financial pressure, supply shortage, creative accounting, price suppression and fear are running independently, their individual volume will have limited effect, but when they all converge into one flowing river, the panic will begin to build, and gold will start its stratospheric ascent. The combination of these factors is Why The Gold Price Will Continue To Rise While you still have the opportunity buy now.
p.s. Same arguments apply to silver
Anna P. Best was based in Singapore for many years where she developed her interest in precious metals. Until recently, Gold has not been an area the average investor would consider, but that has changed and suddenly there are so many opportunities out there to profit from gold and silver. Anna enjoys sharing her knowledge with other enthusiasts. She has prepared a complimentary report packed with facts which you can download at the Link to Gold Report.
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Gold prices have surged past the $500-an-ounce mark, and more gains are predicted as investors look to protect themselves against inflation fears. They historically rise when faith in paper currencies erodes, as investors seek the intrinsic value of gold to protect themselves from inflation. Gold has continued to show strength in Asian and European trading.
Like all prices, the gold price reflects not only the inherent value of gold, but also the relative strength of the currency in which it is quoted. Costs are allocated to a stockpile based on relative values of material stockpiled and processed using current mining costs incurred up to the point of stockpiling the ore, including applicable overhead, depreciation, depletion and amortization relating to mining operations, and removed at each stockpile's average cost per recoverable unit. While gold is a more stable store of value than paper currencies, it still remains a market in which governments have a heavy presence. Thus, taking into account the ever-shrinking value of the dollar, the real price of gold has hardly changed in a century.
Since 1982, average annual gold prices have stayed between $300 and $450 per ounce. Record upside price potential remains firmly in the hands of investors, with average annual gold prices for 2007 on track to beat the 1981 record of $614.
Dave Jackson writes about the Razor E100 Electric Scooter and other great Christmas toys. See if this year's best seller, the Razor E125 Electric Scooter is a fit for your kid!
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Understanding Gold Prices and the Gold Market
One aspect to the inflation of the gold price is the aspect of war, in times of war gold soars. You might well ask why war affects the price of gold we all know that gold is no longer regarded as money in its true meaning of the word. It is no longer the general medium of exchange. Therefore you would not expect it to rise in such a situation.
There is a valid reason that gold rallies in response to the increased probability of war but it's not the war itself that is the culprit. It is money supply's inflation when governments increase their borrowing to finance war.
The current bull market is a result of falling confidence in currencies, and also failing confidence in governments and central banks as well as falling stock markets valuation, leads to an increase in the purchasing power of gold. This trend is set to continue until opposite valuations increase.
The gold price has risen quite substantiality in the past few years from $600 it has soared above $1000 an ounce, s sure indication of grow in the price of gold. As an investment is it stable, in fact more stable than stocks and many other commodities.
Investing in gold, gives an investor several choices:
•Gold coins, are purchased as an investment and also a hobby or interests beyond the investment. Coin collections are favored by many investors for not only their intrinsic value, but also for their beauty, and enjoyment factor. The variety of coins makes this from of investment a challenge to obtain besides the usual popular Krugerrands, American Eagle, and many more well known coins. Speak to a broker who has a good knowledge of gold coins and their values, Gold101.com will help your choose which gold investment will suit your particular lifestyle.
•Before buying into gold coins and you feel you are being rushed, them checked out for authenticity. Be aware that some coins, although they look real are made from other metals to give the same result.
•Jewelry has been a favored means of investing ones money, especially in times of great upheaval, such as a world wars, I and II. People use their gold hidden on their person and escaped from invasion, sold pieces of jewelry to survive. Even in today's world of so called relative peace investment in jewelry is a sound business.
These are considered physical commodities and are good investments but need to be stored safely in banks that are willing to store them or in companies that specialized in these physical metals. Superior Gold Group is one of the companies who will guide and advise you in your gold purchases.
The Superior Gold Group [http://www.usgoldinvestors.com] is an industry leader in the precious metals investment industry. With 1,000's of satisfied customers and a long list of highly respected industry partners, the Gold101.com can help individuals, corporations and broker dealers alike to satisfy their desire to add gold, silver and platinum to their portfolios.
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This price is not set. It fluctuates all the time depending on the market trends and on the ways in which they change. You can find the gold price per ounce index in all websites and on all television channels that follow the commodity markets daily if you are interested in trading with this precious metal. However, you should not expect to find the exact price that you see on the screen when you are dealing with a seller. The cost of gold varies depending on the form it comes in. Since the coins and jewelry require special fabrication you can expect these to be more expensive than the standard gold bars. This is because there are higher costs involved in their making. Also, you can expect antique objects to have larger prices since they have not only intrinsic value.
So, you can readily find the gold price per ounce for today if you want to buy or sell some amount of the precious metal. But why are this index and the trade of this commodity so important? The amounts of gold in the world are limited. Moreover, they are highly unlikely to change over time. This precious metal cannot be produced, it can only be found and most sources of it have already been discovered. All this means that gold has a stable value which is usually quite high. It is highly unlikely to get devalued and this is not the case with the standard financial instruments we use such as money, stocks and bonds.
The gold price per ounce is very high at present. This can be explained really simply. All other financial instruments that you can invest in are highly unstable. They can reduce their value any time, but this is not the case with the precious metal. So, more and more people want to have more of it. As the demand is high so is the price of gold.
Find the current gold price per ounce plus lost of analysis and trading insights on http://www.goldpriceperounce.net. If you want to make lots of money from gold this website will definitely give you the recipe for success.
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Do You Know 10 Reasons Why the Gold Price Will Rise Rapidly
There have been some incredibly interesting and provocative statements on the subject of Gold in the last few weeks. But the message is simple. Gold will continue to rise. The question is how far and how fast.
The manager of the USAA Precious Metals and Minerals Fund - the number one precious metals mutual fund over the last 10 years - believes gold stocks will gain 2% to 3% for every 1% move in gold. As our target for gold is at least 100% from here - in excess of $2000 an ounce - this would mean gold stocks could rise 200-300%. And the more speculative stocks are likely to far exceed these targets.
To feel comfortable with investing in precious metals, investors need to be aware of the reasons for the expected rise in the gold price. In no particular order, these are the primary reasons why the stage is set for making your fortune.
1. Selling of Gold by the Gold Cartel - the Gold cartel is made up of the US Government and a collection of bullion and central banks. Central banks have long been sources of gold bullion used to manipulate the market and suppress the price of gold - but they are running out. Gold has been sold in such large quantities to control the price, there is not sufficient production to reverse, or even slow down the depletion of gold bullion stocks. The only way of slowing down demand is to let the price rise. However hard they try to manipulate the market, classic supply and demand will win.
2. Shortage of Supply - the current economic conditions combined with the increase in production costs have slowed down gold exploration and production. In addition, the infrastructural problems of South Africa have significantly effected their output.
3. Transfer of Gold Depositories - Hong Kong has recently completed a high tech security vault at the city Airport. The Hong Kong Authorities are, as we speak, transferring its gold holdings from London to its new secure depository. A move like this sends a message - we will be accumulating gold, and we want it safely stored where we can see and control it, where we can access it instantly, and where its out of harms way.
4. Increasing war and social unrest - war and social insurrection can escalate rapidly. The world is already engaged in more conflict than at any time since the second world war. The Chinese are long term thinkers and are undoubtedly taking this in to account as they accumulate gold and silver to store it close to home.
5. China is adding to its gold reserves - China is making no secret of the fact that it intends to increase its gold reserves, and now holds in excess of 1050 metric tons.
6. China is encouraging its citizens to buy gold - with the world's largest population, and one of the fastest growing economies China has made it legal for their citizens to buy gold and silver, and are actively encouraging them to invest in these precious metals.
7. India, which has been the largest buyer of gold until now, is expected to continue purchasing for jewelery, and increasingly for investment. India already eats up the bulk of the annual mine output, leaving limited quantity for ever competing and ever larger demand.
8. GLD, the SPDR Gold Trust buys gold to back its shares. - They are currently supposed to hold over 1000 tons of gold (almost the same quantity.as China). If this is indeed the case, Their demand on gold output is a major push on the gold price. There is more on this subject in our Gold Report
9. Inflation vs. deflation - the argument persists. After a deflationary period, the billions of dollars being pumped in to the markets will become inflationary. Inflation causes gold to rise. When gold last peaked at $887 in 1980, inflation was averaging 14% and peaked at over 20%. Mortgages had risen in excess of 17%. This could happen again.
10. Paper currency devaluation - the steep decline of the dollar has effected the rise in the gold price, but currencies will at some stage be competing against each other for devaluation. All currencies become unreliable, they no longer provide security, and gold becomes the new money. When this stage is reached we've gone full circle, the bulk of assets will be owned by Asian interests and the new world order will prevail.
Anna P. Best was based in Singapore for many years where she developed her interest in precious metals. Until recently Gold has not been an area the average investor would consider, but that has changed and suddenly there are so many opportunities out there to profit from gold and silver. She has prepared a complimentary report packed with facts which you can download at Gold Report
Anna enjoys sharing her knowledge with other enthusiasts. If you join our web site community you will have free access to a valuable regularly updated collection of articles, comments and conversations on gold and silver. Click the Gold Report link above.
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A spot gold price means current market price or it can be said that price based on the price of "futures" contracts. Futures contracts are traded on future exchanges operating in a number of countries.
These futures contracts are standardized contracts in terms of lot size, delivery period between the seller and buyer. Seller means who deliver the commodity and buyer means who receives the commodity for a price fixed in future. Futures Exchanges facilitate single point for commercial trade of all major commodities of country. The commodities may include energy sector like crude oil, natural gas. It may also include cereals like wheat, corn, and soya beans, and metals like iron, copper, lead and zinc. Also future exchanges deal in gold silver and platinum plus other precious metals.
Depending upon market futures contracts is available for each month of the year. It means a contract for delivery of June is available through out of year. Basic behind to establish future market is to allow commercial producers and consumers to establish some guaranteed prices and also guaranteed supply of the commodity which is the subject matter of contract.
Spot price of gold fluctuates depending upon demand and supply. Future contracts are used to hedge the change in gold price risk. Hedgers are those who want to minimize their risk against the price change. Other participants of market are speculator who wants to take risk means the risk which a hedger wants to avoid. By the use of future contract spot price risk can be minimized. Also by the use forward contract spot gold price can be fixed to minimize the risk of price fluctuation of gold in future.
Spot gold price can be determined on commodity exchange market. All the futures contracts are traded on the commodity exchange. You can find the spot gold price from the commodity exchange like COMEX located in New York. The COMEX (Commodity Exchange) is leading commodity exchange in the United States for metals. The process of by which spot gold prices on the COMEX is determined has been specified in the NYMEX rule book.
These markets are fully computerized and the information they provide is in real-time. Second by second information about gold spot price of the futures contract of the active month as it is trading on the exchange is easily available. On the exchange the most active nearby month is also called the spot month. If you want more about the Spot gold price it may be derived from the active month calculation. And the closing gold spot price for the day is derived from that days trading of the spot month futures contract. In New York spot gold price close is calculated as the average of the highest and lowest prices of the trades during the last two minutes of closing period which is 1:28-1:30 PM.
People have option to buy gold from dealer or from exchange. But you can see the difference in spot gold price on the exchange actual prices today for small amounts of gold coins
Learn more about spot gold price and investing in gold.
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2011年7月18日 星期一
Gold price has now exceeded $ 1,600
Gold price has now exceeded $ 1,600
Gold soared high, indicating the investment market for international economic situation of fear, would rather hold gold as a hedge.
Gold rose for 11 days, has now exceeded $ 1,600 hurdle. Gold soared high, indicating the investment market for international economic situation of fear, would rather hold gold as a hedge.
In five European countries still have high debt crisis, the euro's recent trend of showing weakness, the dollar has fallen to 1.4 euros price, and may continue to weaken down. In addition, the dollar strengthened it? No. U.S. dollar index to 76 or so on some not washed up, the current credit rating companies have repeatedly shouted that if the U.S. debt ceiling is not raised to be lower rating. In this situation, the dollar is stronger what conditions?
Asian currencies it? In addition to the appreciation of the yen forced outside in the economic side there is not much good news, this opportunity a few days back the Asian currencies have depreciated. Meanwhile, the raw material currency Australian dollar also appears weak, whether the notice of the raw materials market, Jin weakness for the economy is not strong demand.
This week the focus of the market, or wait for Congress to make a decision on the debt ceiling, in the absence of good news before the market is still in a tense atmosphere. In addition, European banks stress test results, better than expected, but the market is generally on the results of this test indicated a high degree of suspicion. With the European pig Five maturities come due, the high demand for financial intermediation, and other European finance ministers or must issue a solution.
The prevailing view is that the debt problem must be an emergency, so this month the topic of concern these international markets, the preliminary answer to appear. However, not a panacea for poor countries must be made after the debt reduction program is to reduce the budget deficit. This will bring economic recovery for the next bad message, therefore, the views of the investment market is still conservative.
As for the gold rush it? In the high price of gold when the gold rush, or the risks are too high. Expect high volatility in gold, if correction then.
Gold soared high, indicating the investment market for international economic situation of fear, would rather hold gold as a hedge.
Gold rose for 11 days, has now exceeded $ 1,600 hurdle. Gold soared high, indicating the investment market for international economic situation of fear, would rather hold gold as a hedge.
In five European countries still have high debt crisis, the euro's recent trend of showing weakness, the dollar has fallen to 1.4 euros price, and may continue to weaken down. In addition, the dollar strengthened it? No. U.S. dollar index to 76 or so on some not washed up, the current credit rating companies have repeatedly shouted that if the U.S. debt ceiling is not raised to be lower rating. In this situation, the dollar is stronger what conditions?
Asian currencies it? In addition to the appreciation of the yen forced outside in the economic side there is not much good news, this opportunity a few days back the Asian currencies have depreciated. Meanwhile, the raw material currency Australian dollar also appears weak, whether the notice of the raw materials market, Jin weakness for the economy is not strong demand.
This week the focus of the market, or wait for Congress to make a decision on the debt ceiling, in the absence of good news before the market is still in a tense atmosphere. In addition, European banks stress test results, better than expected, but the market is generally on the results of this test indicated a high degree of suspicion. With the European pig Five maturities come due, the high demand for financial intermediation, and other European finance ministers or must issue a solution.
The prevailing view is that the debt problem must be an emergency, so this month the topic of concern these international markets, the preliminary answer to appear. However, not a panacea for poor countries must be made after the debt reduction program is to reduce the budget deficit. This will bring economic recovery for the next bad message, therefore, the views of the investment market is still conservative.
As for the gold rush it? In the high price of gold when the gold rush, or the risks are too high. Expect high volatility in gold, if correction then.
gold price to $ 1,600
Euro debt crisis continues to deepen, investors to hedge, clamoring to get into the gold market, leading to the international price of gold today (18) for the first time exceeded $ 1,600 per ounce, a record has always been high. This is the first station on the price of gold has always been $ 1,600.
In the London market in early trading today, the international price of gold per ounce on the station of $ 1,600.10.
Lately, the debt crisis by the euro price of gold continued to record.
In the London market in early trading today, the international price of gold per ounce on the station of $ 1,600.10.
Lately, the debt crisis by the euro price of gold continued to record.
Exhibition hedge gold charm with a new high
Investors interpreted Bernanke 13, then the Fed may introduce Q E3, but this clarification 14 Bernanke, the Fed is not yet prepared to take further action, the international price of gold fell in intraday trading. However, the debt crisis spreading in Europe, and investors concerns about the U.S. debt, continues to support higher gold prices. The commodity market restless, rising investor risk aversion, have chosen to buy gold as a hedging tool, to support the continuation of the gold rally, breaking the previous high point. Although the 15th week after two days rose to limited, but the international price of gold is still out of the rare "ten with Yang," Continuous Refresh high record. Currently, the international spot price of gold has been above $ 1,590 an ounce on the station.
The world's largest gold ETF positions also showed confidence in the market for gold, at 15, ETF-SPDR GoldTrust to 1236 tons of gold holdings, total holdings of 30.6 tons the week for the first time this year, large-scale Masukura .
15th week of the oil price shocks into the pattern again. As the week closed, New York light sweet crude for August delivery futures prices for the third consecutive week of gains. London, September Brent crude oil futures prices fell slightly in the week.
Look at the price of gold did not support the loose
Last week, benefited from a substantial risk aversion in the market to heat up, driving the price of gold hit record highs, rising for nine days or up to 7% of the total, the highest since October 2006, the longest period of continuous walking Yang, the uncertain economic outlook and European debt issues make gold much of favor.
U.S. Federal Reserve (Fed) Chairman Ben Bernanke in Congress, said recent economic recovery is still weak, will carefully observe the economic slowdown in the rate of deterioration and inflation to determine the subsequent policy measures. U.S. debt default and warned the U.S. and global economy will be catastrophic events, while the U.S. president and members of Congress last week, Obama has not made significant progress in negotiations. Budget negotiations delayed for so long makes the possibility of speculation technical default, Moody's has been the U.S. Aaa government bond rating on negative watch list, brings strong support for gold.
European debt issues continue to simmer, followed by the Greeks, the credit rating agency has also been named in Italy. And second-tier country euro zone bond yields climbing, lead investor for the sovereign debt crisis will spread to Italy and other core economies panic, driven turbulent market, a lot of money into safe-haven assets. If delays in the European finance ministers agreed to a favorable price movements.
12 release of "Gold Yearbook 2011", although the consultancy GFMS forecasts gold mining services company in the short term gold price will fall, but the institutional and private investors, investment enthusiasm for gold remains high, especially in China investment and official strong growth in net purchases. In the debt crisis and supported by strong demand, making the second half of GFMS gold's bullish trend is expected to break through the $ 1,600 barrier.
From the technical analysis, an unusually strong upward trend on map, but not even close to bring out the red bar under the lead of 9, suggesting that recent or digested anti-inflation hedge and good news, although the MACD is still bullish, but random indicators fall tendency, and the more deviation from the 5 day moving average chart position, there will not rule out short-term profit-taking selling pressure, the resistance above the $ 1,600 mark concerned. In view of the increased volatility in the short-term financial system, the proposed bargain-hunting investors cloth more sustainable and strict risk management.
Market Review: gold again last week by the International Department of surfaces affect the consumer, rose $ 54.
Reach the $ 1,594 maximum, minimum $ 1,540, closing $ 1593.
1. EU Bank Authority on Friday announced the latest bank stress test results, showed that eight banks are not qualified, even though the test results over the previous year a more, but the capital shortfall of 25 billion euros, lower than last year. However, due to debt problems in Europe caused by the macro uncertainty, the strong performance of gold. European debt crisis is far from resolved, with the August 2 deadline approaching, the U.S. debt problem has become the focus of the market. Rating agency Standard & Poor's (Standard &;;; Poor's) said on Friday that the U.S. "AAA" long-term sovereign credit rating and "A-1 +" short-term sovereign credit rating placed on negative watch. The agency said that at least 50% chance to cut the United States within three months of ratings. Previously, Moody's analysts also said that once the U.S. government not been able to pay the debt, the rating will be lowered the next day, the U.S. has been downgraded, it may not return to a period of time AAA rating 2 survey by Nielsen a survey the company report on Sunday also showed that due to the uncertain economic outlook, the euro zone debt crisis deepened and increased inflation makes people more cautious, the global consumer confidence index fell in the second quarter, year and a half minimum.
The world's largest gold ETF positions also showed confidence in the market for gold, at 15, ETF-SPDR GoldTrust to 1236 tons of gold holdings, total holdings of 30.6 tons the week for the first time this year, large-scale Masukura .
15th week of the oil price shocks into the pattern again. As the week closed, New York light sweet crude for August delivery futures prices for the third consecutive week of gains. London, September Brent crude oil futures prices fell slightly in the week.
Look at the price of gold did not support the loose
Last week, benefited from a substantial risk aversion in the market to heat up, driving the price of gold hit record highs, rising for nine days or up to 7% of the total, the highest since October 2006, the longest period of continuous walking Yang, the uncertain economic outlook and European debt issues make gold much of favor.
U.S. Federal Reserve (Fed) Chairman Ben Bernanke in Congress, said recent economic recovery is still weak, will carefully observe the economic slowdown in the rate of deterioration and inflation to determine the subsequent policy measures. U.S. debt default and warned the U.S. and global economy will be catastrophic events, while the U.S. president and members of Congress last week, Obama has not made significant progress in negotiations. Budget negotiations delayed for so long makes the possibility of speculation technical default, Moody's has been the U.S. Aaa government bond rating on negative watch list, brings strong support for gold.
European debt issues continue to simmer, followed by the Greeks, the credit rating agency has also been named in Italy. And second-tier country euro zone bond yields climbing, lead investor for the sovereign debt crisis will spread to Italy and other core economies panic, driven turbulent market, a lot of money into safe-haven assets. If delays in the European finance ministers agreed to a favorable price movements.
12 release of "Gold Yearbook 2011", although the consultancy GFMS forecasts gold mining services company in the short term gold price will fall, but the institutional and private investors, investment enthusiasm for gold remains high, especially in China investment and official strong growth in net purchases. In the debt crisis and supported by strong demand, making the second half of GFMS gold's bullish trend is expected to break through the $ 1,600 barrier.
From the technical analysis, an unusually strong upward trend on map, but not even close to bring out the red bar under the lead of 9, suggesting that recent or digested anti-inflation hedge and good news, although the MACD is still bullish, but random indicators fall tendency, and the more deviation from the 5 day moving average chart position, there will not rule out short-term profit-taking selling pressure, the resistance above the $ 1,600 mark concerned. In view of the increased volatility in the short-term financial system, the proposed bargain-hunting investors cloth more sustainable and strict risk management.
Market Review: gold again last week by the International Department of surfaces affect the consumer, rose $ 54.
Reach the $ 1,594 maximum, minimum $ 1,540, closing $ 1593.
1. EU Bank Authority on Friday announced the latest bank stress test results, showed that eight banks are not qualified, even though the test results over the previous year a more, but the capital shortfall of 25 billion euros, lower than last year. However, due to debt problems in Europe caused by the macro uncertainty, the strong performance of gold. European debt crisis is far from resolved, with the August 2 deadline approaching, the U.S. debt problem has become the focus of the market. Rating agency Standard & Poor's (Standard &;;; Poor's) said on Friday that the U.S. "AAA" long-term sovereign credit rating and "A-1 +" short-term sovereign credit rating placed on negative watch. The agency said that at least 50% chance to cut the United States within three months of ratings. Previously, Moody's analysts also said that once the U.S. government not been able to pay the debt, the rating will be lowered the next day, the U.S. has been downgraded, it may not return to a period of time AAA rating 2 survey by Nielsen a survey the company report on Sunday also showed that due to the uncertain economic outlook, the euro zone debt crisis deepened and increased inflation makes people more cautious, the global consumer confidence index fell in the second quarter, year and a half minimum.
2011年7月17日 星期日
gold price is expected to continue to soar
Bloomberg survey, by the all-time record price of gold is expected to continue to soar, mainly due to market reposition itself for more economic stimulus measures the U.S. concerns, with U.S. bonds and debt issues in Europe, pushing up demand for preservation.
Bloomberg survey 27 traders, investors and analysts, 24 of whom believe that gold prices rose this week will be, accounting for 89% of respondents; 1 forecast decline, and two that flat.
Point of view $ 1,760
TheBullionDesk.com analyst Moore (James Moore), said: "Investors are once again turn to gold and other kinds of safe-haven assets, reduce doubts and fears of default."
HSBC (HSBC), said gold analyst James Steele, the current gold price driving factors and is very similar to the second quarter of 2010, the Greek debt crisis and the U.S. stand on the quantitative easing was to promote the record high price of gold. But this rally probably will be more powerful, because now more adverse global financial conditions, and decision makers to choose more limited investment in Aden Report issued report also noted that the financial crisis set off one by one, the price of gold is not up is hard, and rising space "is very large."
Bloomberg survey 27 traders, investors and analysts, 24 of whom believe that gold prices rose this week will be, accounting for 89% of respondents; 1 forecast decline, and two that flat.
Point of view $ 1,760
TheBullionDesk.com analyst Moore (James Moore), said: "Investors are once again turn to gold and other kinds of safe-haven assets, reduce doubts and fears of default."
HSBC (HSBC), said gold analyst James Steele, the current gold price driving factors and is very similar to the second quarter of 2010, the Greek debt crisis and the U.S. stand on the quantitative easing was to promote the record high price of gold. But this rally probably will be more powerful, because now more adverse global financial conditions, and decision makers to choose more limited investment in Aden Report issued report also noted that the financial crisis set off one by one, the price of gold is not up is hard, and rising space "is very large."
per ounce of gold is still received the high price
Last week the U.S. Federal Reserve Board (Fed) Chairman Ben Bernanke (Ben S. Bernanke) for the third round of the bond purchase plan (QE3) attitude over and over again, so that short-term price of gold soaring to appear brakes, gold hit a record high in After a little back, New York received per ounce of gold is still the high price of $ 1590.1.
Gold analysts said the Bank of Taiwan, the U.S. debt default problem surfaced again, with the debt crisis fear has a tendency to expand, pushing up the price of gold last week hit a record high of $ 1,594.45, due to last week's short-term price of gold soaring, not recommended Investors chase high but short-term pullback, can bargain layout.
Analysts said gold breakthrough hit in early May after a record high of $ 1,577.7, research institutions have raised this year and the gold price target. Investigation which Reuters, the global estimate of 15 analysts in the international price of gold next year median $ 1,550, compared with the $ 1,454 survey in January this year, by nearly 7%.
Gold analysts said the Bank of Taiwan, the U.S. debt default problem surfaced again, with the debt crisis fear has a tendency to expand, pushing up the price of gold last week hit a record high of $ 1,594.45, due to last week's short-term price of gold soaring, not recommended Investors chase high but short-term pullback, can bargain layout.
Analysts said gold breakthrough hit in early May after a record high of $ 1,577.7, research institutions have raised this year and the gold price target. Investigation which Reuters, the global estimate of 15 analysts in the international price of gold next year median $ 1,550, compared with the $ 1,454 survey in January this year, by nearly 7%.
2011年7月16日 星期六
Gold futures at $ 15 break 1,590 mark, to create an unprecedented record
Gold Gold Investment Journal Communications (Gold Newsletter) Editor Lundin said: "All the potential factors are favorable gold prices, regardless of risk or no risk in environmental risk, which are entitled to benefits."Olympus Futures, a senior market strategist at Na Duosi warned that the current high price of gold may impede gains in futures prices may fall after the first rise.
He said: "Now the market is difficult to attract investors to chase high, but because the upside momentum is very strong, no one will be gold bearish."
United States announced July 15, University of Michigan consumer confidence index plunged to 71.5 the previous month's 63.8, reflecting deterioration in consumer confidence, gold futures then go up again. Although released later than expected European bank stress tests, 91 banks, only eight did not pass, but still could not suppress the price of gold rally.
Technical analysts said the gains from the price of gold in the past and Fibonacci series (Fibonacci) projections, the next few months the price of gold may exceed $ 1,700 per ounce. Capital Economics is based on the price of gold and the Dow Jones industrial average ratio of predicted crisis in the future if the Great Depression, $ 5,000 onto the price of gold could breath.
However, the largest gold exchange-traded fund SPDR Gold Trust, holders of gold behind gold rally is part of growth. Gold for the ninth consecutive day of gains in the period, the Fund's gold holdings increased by only less than 20 parts of tons to 1,225.4 tons, an increase of more than 1.5% of small, far better than last June, a record of 1,320.4 tons.
HSBC Bank (HSBC), chief commodities analyst Shi Tier pointed out that gold ETF holdings of gold has slowed, usually means the fund is gradually mature into commodities. SPDR Gold Trust was launched in 2004.
The world's largest gold ETF positions also showed confidence in the market for gold
Euro zone's third largest economy in the Italian debt risk soared, making the concern of the European debt crises fermentation. Meanwhile, Fed Chairman Ben Bernanke said that if the 13 deteriorating economic situation and the pressure of deflation reproduction, will be ready to further relax monetary policy, the message stirred anxiety throughout the commodity markets, rising investor risk aversion, have chosen to buy gold as a hedging tool, supporting gold's rally continued last week, breaking the previous high point.
Investors interpreted Bernanke 13, then the Fed may launch QE3, but Bernanke have made clear 14 that the Fed is not yet prepared to take further action, the international price of gold fell in intraday trading. However, the debt crisis spreading in Europe, and investors concerns about the U.S. debt, continues to support gold prices, although limited gains this week after two days, but the international price of gold is still out of the rare "ten with Yang", continuously refresh a record high. Currently, the international spot price of gold has been above $ 1,590 an ounce on the station.
He said: "Now the market is difficult to attract investors to chase high, but because the upside momentum is very strong, no one will be gold bearish."
United States announced July 15, University of Michigan consumer confidence index plunged to 71.5 the previous month's 63.8, reflecting deterioration in consumer confidence, gold futures then go up again. Although released later than expected European bank stress tests, 91 banks, only eight did not pass, but still could not suppress the price of gold rally.
Technical analysts said the gains from the price of gold in the past and Fibonacci series (Fibonacci) projections, the next few months the price of gold may exceed $ 1,700 per ounce. Capital Economics is based on the price of gold and the Dow Jones industrial average ratio of predicted crisis in the future if the Great Depression, $ 5,000 onto the price of gold could breath.
However, the largest gold exchange-traded fund SPDR Gold Trust, holders of gold behind gold rally is part of growth. Gold for the ninth consecutive day of gains in the period, the Fund's gold holdings increased by only less than 20 parts of tons to 1,225.4 tons, an increase of more than 1.5% of small, far better than last June, a record of 1,320.4 tons.
HSBC Bank (HSBC), chief commodities analyst Shi Tier pointed out that gold ETF holdings of gold has slowed, usually means the fund is gradually mature into commodities. SPDR Gold Trust was launched in 2004.
The world's largest gold ETF positions also showed confidence in the market for gold
Euro zone's third largest economy in the Italian debt risk soared, making the concern of the European debt crises fermentation. Meanwhile, Fed Chairman Ben Bernanke said that if the 13 deteriorating economic situation and the pressure of deflation reproduction, will be ready to further relax monetary policy, the message stirred anxiety throughout the commodity markets, rising investor risk aversion, have chosen to buy gold as a hedging tool, supporting gold's rally continued last week, breaking the previous high point.
Investors interpreted Bernanke 13, then the Fed may launch QE3, but Bernanke have made clear 14 that the Fed is not yet prepared to take further action, the international price of gold fell in intraday trading. However, the debt crisis spreading in Europe, and investors concerns about the U.S. debt, continues to support gold prices, although limited gains this week after two days, but the international price of gold is still out of the rare "ten with Yang", continuously refresh a record high. Currently, the international spot price of gold has been above $ 1,590 an ounce on the station.
current demand for gold an ounce at the $ 1,500 premium
Although the current demand for gold is the traditional off-season, but not weak gold prices, particularly the recent significant market correction of raw materials on the occasion, the price of gold was relatively resilient, an ounce is still maintained at the $ 1,500 premium, that the day of investment consulting, Central and South America competing for the first half of the central bank buying of gold camp, plus investment, jewelry, consumer demand still maintain a certain intensity, and therefore do not support high-end gold price fall, with the second half of the season and gradually into the traditional gold ornaments, historical experience shows that in the first half the relative performance of gold behind gold stocks, is expected to come from behind, will now start looking for low-end approach is layout-related assets, gold stocks a good time.
Over the past few years, Asian central banks to spread the risk of U.S. dollar assets, the bulk buying of gold has always been to play, such as China, India, investment adviser, but the days of that in the first quarter, and even Central and South American central banks also joined the gold rush camp. According to IMF (International Monetary Fund) statistics show that the first quarter of Mexico's central bank holdings of gold jumped from 220,000 ounces to 3.22 million ounces, the world's gold stock ranking jumped from No. 69 to No. 34, in addition, the World Gold Council The report also estimates that second quarter gold demand, investment, jewelry consumption and overweight in areas such as central bank efforts will remain.
In 2010, for example, according to Bloomberg statistics, the international price of gold in the first quarter, second quarter were up 1.4%, 11.5%, with performance during the HSBC Global Gold Index is obviously not as dazzling gold, rose drop, respectively - 1.7%, 7.4%, but into the second half, the effect of gradual ferment season theme, but gold stocks come from behind, in the third quarter, fourth quarter, up 2-digit gains were more than 10.8%, 15.0% over the same period the price of gold rose 5.3%, 8.5%, lower than the gold stocks rose.
Over the past few years, Asian central banks to spread the risk of U.S. dollar assets, the bulk buying of gold has always been to play, such as China, India, investment adviser, but the days of that in the first quarter, and even Central and South American central banks also joined the gold rush camp. According to IMF (International Monetary Fund) statistics show that the first quarter of Mexico's central bank holdings of gold jumped from 220,000 ounces to 3.22 million ounces, the world's gold stock ranking jumped from No. 69 to No. 34, in addition, the World Gold Council The report also estimates that second quarter gold demand, investment, jewelry consumption and overweight in areas such as central bank efforts will remain.
In 2010, for example, according to Bloomberg statistics, the international price of gold in the first quarter, second quarter were up 1.4%, 11.5%, with performance during the HSBC Global Gold Index is obviously not as dazzling gold, rose drop, respectively - 1.7%, 7.4%, but into the second half, the effect of gradual ferment season theme, but gold stocks come from behind, in the third quarter, fourth quarter, up 2-digit gains were more than 10.8%, 15.0% over the same period the price of gold rose 5.3%, 8.5%, lower than the gold stocks rose.
Gold ten silver prices moving up the season with up to master leverage, gold shares
European debt crisis escalation, market volatility, capital inflows into commodity markets, gold and other safe havens, to stimulate the price of gold rose for the ten trading days, forty years ago, tied the longest record of gold increases, spot gold was up on Friday See $ 1,593.97 an ounce, a new high revenue-generating city, but still slightly less than an ounce on Thursday set a $ 1,594.45 day high bit, the price of gold soaring, driving silver prices also rose for four days.
See Spot gold last Friday up $ 1,593.97 an ounce, closing at $ 1,593.55 an ounce, up $ 6.25, the price of gold rose for the ten trading days, has tied four Ten years ago, the longest increase in the price of gold. Into gold since July, has fares of 7.1 per cent.
Silver tracked gold prices also rose for four, an ounce Friday to close at 39.3 ○ 五○ dollars rose 2.5 percent, since closing on May 4 is a new high; the week terms 7.1% ○ VII.
Obama on the Republican administration and Congress to improve the legal limit of debt negotiations, will expire on August 2, the market is increasingly concerned about the movements of the U.S. government and Congress. As the White House and congressional Republican leaders to cut spending and difficult to raise taxes in a compromise on both sides of the negotiations have stalled, creating precious metals has been rising.
New York crude oil futures prices rose 1.6 percent on Friday, two, to close at $ 97.24 a barrel. As Federal Reserve Chairman Ben Bernanke to clarify not going to launch the third round of quantitative easing, the market expected the monetary policy can continue to support the oil price rally.
See Spot gold last Friday up $ 1,593.97 an ounce, closing at $ 1,593.55 an ounce, up $ 6.25, the price of gold rose for the ten trading days, has tied four Ten years ago, the longest increase in the price of gold. Into gold since July, has fares of 7.1 per cent.
Silver tracked gold prices also rose for four, an ounce Friday to close at 39.3 ○ 五○ dollars rose 2.5 percent, since closing on May 4 is a new high; the week terms 7.1% ○ VII.
Obama on the Republican administration and Congress to improve the legal limit of debt negotiations, will expire on August 2, the market is increasingly concerned about the movements of the U.S. government and Congress. As the White House and congressional Republican leaders to cut spending and difficult to raise taxes in a compromise on both sides of the negotiations have stalled, creating precious metals has been rising.
New York crude oil futures prices rose 1.6 percent on Friday, two, to close at $ 97.24 a barrel. As Federal Reserve Chairman Ben Bernanke to clarify not going to launch the third round of quantitative easing, the market expected the monetary policy can continue to support the oil price rally.
gold price from $ 1,480 to hitting new high $ 1,598
Sustained high international price of gold, although there has recently retreated, however, experts believe, not in European and American in addition to debt concerns, coupled with pressure on European Banking did not pass the test with eight international financial situation is still uncertain under the global risk aversion high, the market is still a Bullish on the international gold price, gold is still short-term opportunity to challenge the $ 1,600 or even $ 1,700 by the end of the point of view, and on long asset allocation perspective, investors can be divided into batches bargain layout.
Gold analysts said that despite the austerity program passed by Congress Greece, Portugal and Ireland, but the Moody's bond credit rating has been lowered to junk bond level, the European debt crisis intensified, with renewed U.S. push QE3 concerns, the U.S. Treasury default risk increases, hedge funds into the gold market, the international gold price from $ 1,480 all the way hurricane frequency record higher hitting $ 1,598.
However, the subsequent Federal Reserve Board (Fed) Chairman Ben Bernanke told Congress that is not currently ready to start the third round of the bond purchase plan, stimulate economic growth, the dollar rebounded, taking the international price of gold, was back to $ 1,578.
2011年7月15日 星期五
gold price to new high -market worry about U.S. dollar risk
gold price to new high -market worry about U.S. dollar risk
The soaring price of gold and silver began Wednesday, when the Federal Reserve (Fed) Chairman Ben Bernanke (BenBernanke) made the third round of the quantitative easing policy introduced the possibility, he said, if necessary, the Fed may take further measures to support the U.S. economy.
Then, Wednesday night, Moody's (Moody's) to the U.S. credit rating on negative watch list, which prompted some investors to lose confidence in paper money, especially dollars.
For Paulson (Paulson & Co), John? Paulson (JohnPaulson) and green capital (GreenlightCapital), David Einhorn (DavidEinhorn) and other well-known hedge fund managers, the gold price surge is a good thing, they have created a lot of gold positions, betting on the U.S. public government and the Fed will not protect the dollar value.
The soaring price of gold and silver began Wednesday, when the Federal Reserve (Fed) Chairman Ben Bernanke (BenBernanke) made the third round of the quantitative easing policy introduced the possibility, he said, if necessary, the Fed may take further measures to support the U.S. economy.
Then, Wednesday night, Moody's (Moody's) to the U.S. credit rating on negative watch list, which prompted some investors to lose confidence in paper money, especially dollars.
For Paulson (Paulson & Co), John? Paulson (JohnPaulson) and green capital (GreenlightCapital), David Einhorn (DavidEinhorn) and other well-known hedge fund managers, the gold price surge is a good thing, they have created a lot of gold positions, betting on the U.S. public government and the Fed will not protect the dollar value.
Gold price "full of endless imagination."
Gold price "full of endless imagination."
Global financial markets disaster constantly, pushing up the price of gold hit a record high Thursday in New York gold futures to $ 1,594 an ounce. Market participants believe that gold will continue to soar, and this rally last year, compared with I am afraid "of no less than."
The debt crisis had let the situation was bad enough, coupled with the recent Fed Chairman Ben Bernanke (Ben Bernanke) and the credit rating agency Moody's (Moody) statement, so that rapid global investors panic index soared high, but this Coke Bad gold family, and for them, gold higher space really "full of endless imagination."
Global financial markets disaster constantly, pushing up the price of gold hit a record high Thursday in New York gold futures to $ 1,594 an ounce. Market participants believe that gold will continue to soar, and this rally last year, compared with I am afraid "of no less than."
The debt crisis had let the situation was bad enough, coupled with the recent Fed Chairman Ben Bernanke (Ben Bernanke) and the credit rating agency Moody's (Moody) statement, so that rapid global investors panic index soared high, but this Coke Bad gold family, and for them, gold higher space really "full of endless imagination."
Gold prices rise 9 days
Gold prices rise 9 days straight, for the longest since November 2009, rose pattern, due to fears that the U.S. debt crisis intensified fear and enhance the attractiveness of gold as a hedge.
Gold futures for August delivery rose $ 0.80 ounce to $ 1,590.10, up 3.1% over the week.
New York Mercantile Exchange, silver for September delivery rose 37.7 cents, or 1%, ounce to $ 39.071. This week the price of silver rose 6.9%.
Palladium for September delivery fell $ 2.70, or 0.3%, ounce to $ 780.65. Palladium prices rose 0.2 percent this week, tired.
Period of platinum for October delivery fell $ 18.80, or 1.1%, ounce to $ 1,755.50. Platinum prices rose 1.3% this week.
Copper prices four days since the first 3 degrees up, the world's second largest copper use by the country ─ the United States showing renewed confidence in the economic prospects of the signs.
New York Mercantile Exchange price of copper for September delivery closed up 3.3 cents, or 0.8 percent, closing $ 4.413 per pound. Copper was little changed this week.
London Metal Exchange (LME) 3 months after the delivery price of copper rose 42 cents, or 0.4 percent, reported $ 9,672 per ton ($ 4.39 per pound).
Gold futures for August delivery rose $ 0.80 ounce to $ 1,590.10, up 3.1% over the week.
New York Mercantile Exchange, silver for September delivery rose 37.7 cents, or 1%, ounce to $ 39.071. This week the price of silver rose 6.9%.
Palladium for September delivery fell $ 2.70, or 0.3%, ounce to $ 780.65. Palladium prices rose 0.2 percent this week, tired.
Period of platinum for October delivery fell $ 18.80, or 1.1%, ounce to $ 1,755.50. Platinum prices rose 1.3% this week.
Copper prices four days since the first 3 degrees up, the world's second largest copper use by the country ─ the United States showing renewed confidence in the economic prospects of the signs.
New York Mercantile Exchange price of copper for September delivery closed up 3.3 cents, or 0.8 percent, closing $ 4.413 per pound. Copper was little changed this week.
London Metal Exchange (LME) 3 months after the delivery price of copper rose 42 cents, or 0.4 percent, reported $ 9,672 per ton ($ 4.39 per pound).
2011年7月14日 星期四
Gold is a currency or a tradition
Gold is a currency or a tradition? Federal Reserve Chairman Ben Bernanke's answer is a long tradition. But in any event, the boom, the gold and silver prices that people are the properties of gold as an investment tool to re-evaluate, buy and hold to beat inflation expectations.
In the 13th U.S. Congress hearing, Fed Chairman Ben Bernanke and Congressman Paul on gold for some interesting dialogue. Paul asked: "Do you think gold is money?" Bernanke paused and then replied, "No, it is precious." Paul asked again: "It is not money? Even if it has 6,000 years of monetary history. Some people To reverse, you eliminate the laws of economics? "Bernanke replied:" Gold is an asset like U.S. Treasury bonds as. debt is money? not, but the bonds of financial assets. "
No matter how Bernanke look gold, but the gold market to Bernanke's third round of the quantitative easing policy (QE3) suggests that excited. After eight consecutive day of gains in gold futures on Thursday once again refresh record high. 14 Asian trading hours in New York gold futures contract in August rose to an intraday $ 1,594.90 an ounce, or 0.42%, again to refresh the record high. K line chart, with Yang about the formation of 9. Most-active September silver futures contract was ascribed to $ 39.39, or 2.9%.
Continued to rise yesterday, the cause is Bernanke on the economy and in the United States House of Representatives released semi-annual monetary policy testimony. He said that if the U.S. economy continues to grow weak, the Fed may adopt a new monetary stimulus. Last November, the Federal Reserve launched a total of $ 600 billion acquisition of treasury bonds in the second round of quantitative easing (QE2), the end of June this year, this policy has expired. Bernanke said that if economic growth continued weakness, the Fed will continue to back the original $ 600 billion for the acquisition of treasury bonds.
Wednesday (July 13) International spot gold opened 1567.04 yuan / ounce, up to 1587.89 yuan / ounce, minimum $ 1,564.29 / ounce, closing $ 1,580.94 / oz. Shanghai Gold Exchange in investment AU (T + D) 07 月 14 in early trading opened at 327.99 yuan / gram. Shanghai Gold Exchange in investment AU (T + D) 07 月 13 closing settlement weighted average price of 325.58 yuan / gram. 14 July, the People's Bank announced the median price of RMB against the U.S. dollar: 6.4640 yuan.
Index funds (ETF) ─ ─ the world's largest gold index fund (ETF) ─ ─ SPDR gold ETF of its July 14 positions to maintain 1225.41 tons.
United States: Federal Reserve Chairman Ben Bernanke hinted the U.S. Senate published testimony will further relax monetary policy, coupled with investors in Europe intensified concerns about debt, the price of gold rose sharply on Wednesday, COMEX8 month gold closed up $ 23.2 to $ 1,585.5 / oz. Bernanke said the Fed will continue for a long period of time to keep interest rates at very low levels, while the U.S. economy if the economic situation continues to deteriorate colleagues inflation slowed, the Fed is likely to further relax the current monetary policy. By their speech, the dollar index dropped sharply. The EU will again hold an emergency meeting Friday, after the first euro-zone finance ministers acknowledged that Greece will experience some form of debt or breach of contract, and thus help the country reduce debt, and to prevent the crisis spreading to Italy and Spain
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