gold ETF SPDR Gold

Federal Reserve Chairman Ben Bernanke asked officials to consider longer-term goals and the Federal Reserve released the policy strategy statement. Fed officials discussed the Fed's policy with nominal GDP and price level targets such as linked, but decided in the current environment to make such a change is unwise. In addition, the pace of economic recovery that Fed officials will likely continue to be a lasting negative factors dragged down for some time.
Recent data show that the economy is unlikely to relapse into recession, but officials believe that the downside risks to economic growth prospects huge risks, including the European debt crisis intensified when the spillover effect, the Fed should consider further quantitative easing policy. The wording of the Fed minutes modest little effect on the market. Euro area, German Finance Minister Schaeuble said Tuesday in a speech at the parliament, we will take all measures to prevent threats to the stability of the euro area. However, we can ensure that Europe will only maintain a steady approach to monetary measures, it is our commitment to give the euro, the euro is a stable currency, an independent central bank, and will not become the country's financing side. International Monetary Fund (IMF) said on Tuesday it had approved a new lending facility, to better help countries cope with economic crisis, including IMF donor countries receive capital contributions of up to ten times the equivalent of a loan. This message constitutes a boost to the gold market. In addition, the world's largest gold ETF SPDR Gold Trust recently released data show that, as of November 23, gold holdings of 1297.32 tons, 6.05 tons of gold holdings, institutions continue to show long Masukura still firm, the market outlook for gold increasingly more confidence.