gold price close at 1720.2 U.S. dollars

Overnight COMEX12 December gold dropped $ 54.1 / ounce to close at 1720.2 U.S. dollars / ounce, the domestic front, the main 1206 Shanghai gold contract today opened sharply lower, off a small shock, to close, to close at 353.56 yuan / gram, trading volume and open interest has increased.

In Europe, Spain, Thursday, 10-year bond sale the highest bid rate is 7.088%, the average bid rate of 6.975 percent, the highest since 1997, the highest level. In France, 2-4 on Thursday sold bonds, borrowing costs jumped by about 0.5%, the market worried about the debt crisis and further spread to France.
United States, announced yesterday the U.S. data better, the U.S. Department of Commerce (DOC) published data showed U.S. housing starts in October, a total of 628,000 years of better-than-expected 610,000. In addition, the U.S. Labor Department data show that the United States on November 12 when the number of claims for unemployment benefits fell by 0.5 million to 38.8 million, is expected to be 395,000, to 7-month low. Positions, as of November 17, the world's largest gold ETF - SPDR's gold holdings increased 12.102 tons, to 1289.457 tons.