Gold prices rise reasons

Gold prices rise reasons
1 data showed the U.S. unemployment rate remains high
Unemployment rate is still up 9.1%, below market expectations

2 major U.S. banks suffered the U.S. government action
U.S. mortgage market is responsible for monitoring the U.S. Federal Housing Finance Agency 2 U.S. bank, JP Morgan Chase sued 17 major banks

3 worried about the U.S. economy once again facing a "double dip

4 by the impact of U.S. financial market turmoil, major European countries also suffered the same day the stock market crash

The same day the U.S. stock market crash, the price of gold surged.
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