the international gold price

the international gold price
According to foreign media reports, the Dutch finance minister Deya He said that because the EU finance ministers have been restructuring the banking sector the most important thing in this agreement, so a separate meeting is no longer necessary. But investors remain worried that the EU's ability to reach a comprehensive settlement of the European debt problem.

In addition, the United States also came the bad. U.S. Conference Board announced on October 25 consumer confidence report showed U.S. consumer confidence index unexpectedly fell sharply. Data showed the U.S. October consumer confidence index dropped dramatically to 39.8, far below the expected 46.0, and hit its lowest level since two and a half. The index was 46.4 in September. Consumer Confidence Index fell again led the market's worries about the future U.S. economy.

Affected by this, hedge funds into the gold market, the international gold price is significantly elevated. October 25, the London spot price of gold rose 51.2 U.S. dollars / ounce, or 3.1 percent, to $ 1,704.9 / oz closing, more than a month for the first time back to $ 1,700 / ounce mark at the top.
the international gold price