gold price decrease

From fundamental factors, not only the international price of gold in international oil prices also fell, New York crude oil prices fell to around $ 97 a barrel,

This shows clear signs of global economic recession.

Two factors from the policy side, the global monetary easing is no longer a global inflation base has ceased to exist. No new monetary policy to stimulate the rising price of gold is very difficult.

From the relationship between supply and demand factors, the demand for physical gold has now entered the off-season, and regardless of the demand for gold jewelry, investment demand, or the central bank to buy, are worse than last year's levels, some speculative funds have been out early. "Although the next few weeks from enhanced physical gold demand in China and India, but what can help gold recovered much lost ground is still an open question.