gold price trend

2011年11月19日 星期六

gold price fell to $ 1,710 per ounce



International U.S. dollar rose, the  gold price fell to $ 1,710 per ounce mark, to attract investment buying came out. Bank of Taiwan Ministry of precious metals trader said yesterday after the opening price of gold buying Chao Wang, a large number of pay have been bargain-hunting, gold purchases is 2 times the previous day. Yesterday the price of gold up to $ 1,731.59 as low as $ 1,710.64, gold ornaments on each domestic price of 6540 yuan of money to sell.
     "We want to approach a bargain!" Record breaking price of gold finally, back near $ 1,710 per ounce safety buy, many investors such as long, and quickly increase the gold parts of the approach, so that trading volume yesterday greatly increased. Department of precious metals trader at the Bank of Taiwan, said this month, yesterday, the most "lively" in the past that gold prices go too high, do not start buying gold investors, all withdrawn from circulation.
     Analysts said gold, gold and the dollar's recent "reverse relationship" more and more clear, as long as the dollar fell, gold will rise. In addition, the recent gold and the stock market is also linked high, have shown the trend was up crash. People interested in investing in gold, the dollar can be observed and stock market volatility, timely approach to increase or decrease the holding area.

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