gold price trend

2011年8月25日 星期四

Two factors together lead to the gold priceplummeted

Two factors together lead to the gold priceplummeted
25, the European market opened, the international gold prices continue to decline, the price of gold touched $ 1,709.35 intraday / ounce more than 2 weeks low. On the one hand, investors for the stock market and commodity market risk appetite, and persistent worry that the recent gold price rose $ 1,900 / ounce above the record high prices a bit excessive.


On the other hand, the market is expected to dilute the Fed's QE3 implementation, coupled with the Chicago Mercantile Exchange (CME) increase gold trading margin requirements, the fund strong U.S. gold futures settled, resulting in selling out of control.

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