Spot gold closed $ 1,745.80

Wednesday Spot gold closed $ 1,745.80 / ounce, up $ 31.41, or 1.83%; Spot silver closed $ 32.78 / ounce, up $ 0.87, or 2.83%. Yesterday, the European debt crisis continued to affect the economic collapse of the moment, the world's six major central banks finally forced to take action to reduce China's central bank unexpectedly kept precision, six joint central bank dollar swap rates lower and extend the period of market liquidity, market drying up of liquidity concerns ease, more than expected U.S. ADP employment, risk appetite, weighed on the dollar lower, gold and silver following the surge in risky assets, the euro zone finance ministers reached a consensus on EFSF expansion, good news was short-term effects, long-term close attention to the European debt problems in a specific decision to implement
 Spot gold closed $ 1,745.80