Gold Price and QE3

1.U.S. Federal Reserve (Fed) today convened the FOMC meeting, the best situation is FED strongly hinted again to push QE3, gold accumulates energy jumped a End of the price can be expected "

2.The global economy is still low temperature recovery, The Fed actively maintain a loose monetary policy "imperative" QE3 launched probability up to 90%, estimated size might 200000000000-300000000000 U.S. dollars.

3 If the United States announced the implementation of QE3 or other revitalization measures, the dollar index test a low 78-79 chance of a weaker U.S. dollar will push up the gold price, estimated the price of gold is expected to rebound to $ 1800 $ 1,732.8 from yesterday.

Gold Price,QE3