Hedging demand gold prices rise

Continuous high international gold price , another record high price of new, breakthrough $ 1,600 an ounce level, fund managers optimistic about the debt problem worse in Europe and the United States may be implemented QE3, have pushed the price of gold will lift road, gold bull is not over.

U.S. Fed (Federal Reserve) may be taken 3 times a quantitative easing policy (QE3), coupled with the euro zone debt crisis continues to worsen and spread to Italy and Spain, the United States and Europe to push the economic and political issues l hedge funds needs to strengthen the gold as a hedge of assets more attractive, more than 10 consecutive trading days the international price of gold high-frequency, break through $ 1,600 an ounce level, its highest price reached $ 1,610.7 history, and record 21 years, the longest streak of record. Fund managers optimistic about China, India, the huge demand for gold and gold supply increases very little, this (2011) in the second half still have a chance to new price.