gold prices rise reasons

http://goldenprice.blogspot.com/2011/11/gold-prices-rise-reasons.html
Gold analysts said Bank of Taiwan, the European sovereign debt crisis interference with international financial markets, international funds into U.S. dollars, to suppress short-term trend of gold; However, the current research trend is still bullish on gold next year, the proposed gold investors every fall, can approach bargain in batches layout.

Gold analysts said the world price of gold fell last week, the current upward pressure on areas around the 1780-1800 U.S. dollars, lower support around 1700-1710 U.S. dollars falls.

In addition, from the world's largest gold index fund ─ SPDR gold ETF holdings of view; as of November 17, the SPDR Gold ETF's holding the number of 1268.66 tonnes of gold, last week's positions increased more than 20 tonnes, showing investment capital gradually withdrawn from circulation.

Polaris Gold futures trust fund manager Li Fang wide that the international price of gold by European debt problems at this stage interference, and low strength of buying a double squeeze, fear of wandering in the next quarter online.http://goldenprice.blogspot.com/2011/11/gold-prices-rise-reasons.html