gold price trend

2011年10月18日 星期二

International gold price


International gold price
since the September 23 fall below $ 1,700 per ounce, nearly two weeks of gold per ounce in 1600 - $ 1700 range-bound, silver floor, the emergence of bargain hunting, "buy gold rush" to buy gas for more than two percent more than the previous : yesterday the price of gold rose to $ 1670 a small up and down. Gold traders said the Bank of Taiwan, as long as the news of not deteriorating, gold broke $ 1,700 before the end of a very high probability.
     Taipei Association chairman Liwen Qin said gold and silver jewelry, gold fell back this wave, active bargain hunting investors, mostly gold bullion, gold bars, mostly to buy 5 single highest proportion of two gold, current market price of about NT $ 32 million, to be after the release of future gold prices, earning the spread.
     International gold price
Liwen Qin said that the current investors are still male-dominated, accounting for more than 7 percent, over the age of between 40 to 50 years old, stand on the $ 1,920 the previous gold high when sold in batches, keep cash around, take this wave of low-grade re-replenishment; The decorated with gold, is still engaged, births, birthday demand mainly due to economic downturns, Liwen Qin said, people are still buying increasingly conservative attitude.
     TSMC chairman Morris Chang said that the economy will be bad to 2013; Liwen Qin pointed out that the stock market, real estate plunged, but with a safe-haven gold, even if the degree of decline is limited, if excluding short-term investments, make the difference reasons, we recommend gold accounts for about 1 percent of asset allocation.
     Precious metals prices this year by the impact of the global mining and resource stocks rebounded sharply recently, the recent rebound associated lift resources fund, according to statistics, since October, including BlackRock World Mining, Germany Sheng Deli global resources industry, JPMorgan Global natural resources Fund, etc., or more than 10% of outstanding short-term rate of return: JPMorgan said it with the mining industry who have recently been rel
International gold price

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