gold price rising

International gold  price is soaring broke through the $ 1,700 / oz resistance, since the international spot price of gold has accumulated or 9.44%, to reach the highest point in nearly six months.

2 U.S. easing to boost the price of gold

Shaking up the pattern of the international price of gold in the second half of the year will not change. "Judging from the current situation, the central banks easing is expected to already have realized a certain extent, this would undermine the upward price momentum, market outlook, the key is whether the economic situation will be improved, if the economy remains sluggish performance break through the 1800 mark, then gold, there is hope
Price of gold
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gold price

 gold  price 
European debt crisis continues to worsen, resulting in precious metals prices fell sharply, causing the metal prices rose last week, obviously.

From the Galaxy futures analysis showed that the previously gold net long positions continued to decrease in the phenomenon, but a decline of 29.5 percent, less than half of the decline of silver. This shows that, although the net long position has reached its lowest level since the end of 2008, but a lot of people bullish on gold market short sellers are still very cautious.

, Italy and Spain's sovereign rating downgrades last week, data released by Eurostat (Eurostat) on Friday showed that the seasonally adjusted euro-zone April unemployment rate was 11.0%, in line with market expectations, these factors have caused last week slight shock of the price of gold.
 gold  price 


Independent rating agency Egan, Jones Spain rating from BB-reduced to B, to maintain the negative outlook, the price of gold under pressure to fall, which is the rating agencies, the third reduction of the country's rating in less than a month's time; on Wednesdaybecause the poll results the Greek Epikaira magazine published by the Greek radical left-wing coalition won 30.0 percent support rate, while the conservative new Democratic Party 26.5%, Greece withdrew from the increased risk of re-stimulate the market risk aversion, while the exception of GreeceChen, the Spanish banking crisis and the Italian finance sharp rise in the same exacerbate market concerns. Italian 10-year bonds have marked yield the first time since January this year, 6%, Spain 10-year bond yields are close to dangerous levels of 7%, gold is once again tested the key support level of 1525 near; to Thursday and Friday, although the negative news of European debt has continued to decline in the price of gold is suppressed, but with the advent of non-agricultural data, and because most of the news is still confined to the top of the Spanish and Italian bond yields, market also has a certain resistance to stress.


gold store a variety of gold jewelry sales are way rosy, but many investors think this is a chance to "buy the dips". Jiancang

Some time ago the price of gold is climbing higher and higher the Jinan thousands of gold prices in September last year reached 480 yuan per gram, but is now down to less than 400 yuan.

2 days, the Herald reporter visited the Jinan many large shopping malls and gold shop to see Chow Tai Fook, Zhou Dasheng old temple of gold, gold jewelry prices are down, falling price of gold has attracted a lot of consumers.

Yuan Garden, a golden brand sales staff told the Herald reporter, "In the past day to be able to sell 34 pieces of gold jewelry even if the good, but two weeks ago, sales started to take a good day to be able to sell twenty or thirty , previously almost no longer marketable gold bullion, every day can be sold 34. "

People being selected bullion Huangzhan Fang said: "Now inflation is too high, save as to save the gold better hedge against inflation." She believes that the gold price movements of recent price low is a rare buying opportunity.

Gold price

Gold in the short-term support is 1520 dollars, and below that support the market outlook is not optimistic about the prospects. If the $ 1520 support was not guaranteed, then the next key support level is 1470 U.S. dollars, and, this is indeed possible to make the price of gold dropping $ 1 400.

Recent key resistance of the gold price is $ 1600, and noted that the central bank purchase of gold and Southeast Asian countries, entities demand situation will be to boost the price of gold, but the demand situation in India is still sluggish in the near future.

Gold price

According to the Securities Times, December 2, the world's central banks join forces to rescue the market, lower interest rates to stimulate the overall rise in the stock market and commodities, gold gains significantly. Analysts expect the euro zone sovereign debt issues and the United States next year will continue to bring commodity prices and stock market risk, and gold should be the sovereign debt risk from the benefit, a risk hedging tool, the performance will be better than other assets.
 Overnight international gold standard by the Chinese central bank reduced the Fed and other central banks join forces to rescue the market six and many other unexpected sharp rise in positive stimulation, the highest intraday rose to $ 1,750, up $ 31.7. To continue yesterday's Asian session, higher volatility, intraday $ 1,758.
 Affected by this Thursday, the Shanghai gold futures gapped, the major 1206 contract rose 4.51 yuan, transactions and positions were reduced. Early yesterday morning, gold futures positions have declined sharply, turnover increased dramatically, indicating funds have short stop at the beginning of the opening as well, but still no large-scale admission of new evidence of long funds.
 Galaxy futures analyst Zhang Yingying that the global central bank's move should be a dialectical perspective, on the one hand, the global central banks join forces to rescue the market to ease the market sentiment on the other hand, the central bank rescue group shows there are serious downside risks to the economy. Moreover, the current global financial system, the biggest risk is the European sovereign bond markets, central banks inject liquidity group, is still not fundamentally solve the problem of the euro zone sovereign debt, medium and long term, the rescue effect is doubtful.

gold price

 gold  price 
New York Mercantile Exchange (COMEX) 2012  February gold futures closed up on November 30, or $ 31.4 1.8% at $ 1,750.3 an ounce as the dollar fell 0.8% effect, March silver futures closed up 2.7% as per $ 32.804 an ounce. January platinum futures rose 1.3% as U.S. $ 1,560.8 an ounce and March palladium futures rose 4.85% closing a $ 612.6 an ounce. Monthly price of gold rose 1.45%, silver platinum and palladium fell 4.5%, 2.9% and 5.9% this year, gold and silver were up 23% and 6%, platinum and palladium were down 12% and 23.7%.
The world's largest gold exchange-traded fund (ETF) - SPDR Gold Trust (GLD.US) 11  30 1.21 metric tons of gold holdings increased as 1,298.53 metric tons, the cumulative increase in November, 54.98 tonnes. Largest silver ETF - iShares Silver Index Fund (SLV.US), 11  30 silver holdings flat at 9,627.88 metric tons, a cumulative reduction of 135.68 tonnes in November.
 gold  price 

Gold price

gold price
Network will enable the introduction of temporary swap lines to provide other central banks the Bank of England sterling, if necessary, and provide liquidity to the Bank of England, should be necessary, the Japanese yen, euro, Swiss franc, Canadian dollar (U.S. $ in addition to existing operations).

First, this should encourage home only in an unstable state of the financial system is in now. In essence, this is a re-run agency in 2008 has become skeptical about lending to each other. Therefore, the central bank's step, and now other people's habits, or can not provide "liquidity." To read more FAQ issues here.
In essence, this is just another iteration of the central bank's only tool - printing money.
However, this should be another than how quickly and "blue" concerted action to remind them. You go to sleep, all is well, then you wake up only to see the world is your money the central bank devalued again.
In the grand scheme of things, this is just a small version of the final "grand concerted action" looks like. Imagine the news before going to bed and get up, the International Monetary Fund, to take concerted action, and the revaluation of the SDR currency is now worth half of what is worthy of yesterday.
This is the future, today's action, should wake up those who protect their wealth continues to reduce the call.
gold price

Reasons -the international gold price continued to rise

Make Liang pointed out that in recent years, governments crazy printed banknotes, leading to the value of banknotes continued to decline, coupled with the United States to abandon the "gold standard", printed banknotes are no longer based on the relative value of gold money stock .

     As a large number of countries to print money on the impact of Taiwan, Make Liang said the export-oriented Asian countries, U.S. exports will get back, but not to the street to buy things in dollars, so we should replace the New Taiwan dollar currency use.

     Make Liang for example, China's total exports for the year at $ 3 trillion, the relative constraints to be printed six times the yuan, that is, 18 trillion yuan, a year so the mainland was forced to print 18 trillion of money, of course, the hands of local people will there are a lot of cash.

     In addition, prices continued to rise for the cause of Taiwan, Make Liang also directed, because Taiwan is export-oriented countries, the manufacturers of export commodities in exchange for U.S. dollars, the Government must step up India to about 30 times the NT.

     The trend for gold, Make Liang stressed that all sectors have different versions, some say $ 2,300 an ounce before the end, it was said will reach $ 5,000 an ounce, or even let it be someone breaking $ 15,000 an ounce, but he that breaking $ 15,000 an ounce, should be unlikely.

Reasons -the international  gold  price  continued to rise

international gold price

international   gold  price  led by gold stocks 26 stocks rose across the board. Hong Kong market, gold stocks generally rose early, Lingbao Gold rose 4.76%, Zhaojin Mining rose nearly 3 percent, China International Gold also rose more than 2%. Is ascribed to the domestic gold stock, plate or top, 26 closing, Ronghua Industry gains of 8.23%, Zijin Mining gained 6.26%, Hang Bong shares rose 5.59%, Shandong Gold rose 5%, in Gold or 4%.
 international   gold  price

Gold Association, Guangdong Province, Zhu Zhigang, chief analyst, told reporters on the China Economic Times, from a technical point of view, after finishing the recent shock, Japan intends to form a double-dip gold K line shape in the short term there is likely to rebound further support, in a rising gold price the trend. In the stock market trend, based on the gold price affected by the strong gold stocks, but more positive stage.
 Market analysts believe that investors held 26 European Union summit to reach a settlement agreement debt problem solution skeptical, the spread of market risk aversion.
 October 25, the German commercial banks said gold trend in the EU summit may be limited, if the Fed to ease monetary policy further, the gold may be strong. "If the EU summit issued the debt crisis solutions, gold may be slightly higher at the same time, the Fed launched within the QE3 and other loose monetary policy are growing, which will ultimately weighed on the dollar and good gold
international   gold  price

Gold price decline

 Gold  price decline
A stronger US dollar, the demand for gold as an alternative asset by Dayton, New York, gold hit a 18 the biggest decline in two weeks; and by the world's largest metals consumer slowdown in economic growth in China dragged down the second consecutive day in New York copper futures fell to the ground.
 The New York Mercantile Exchange (Comex) 12 month gold fell 1.4 percent, to close at 1,652.80 dollars per ounce, the biggest decline rewrite 4.

 Gold  price decline
Gold on September 6, once soared on the new price of $ 1,923.70, but the decline in September is still on-line record the largest since October 2008, the price of gold has been tired in October rose 1.9%.
 New York, December copper fell 0.5 percent, to close at $ 3.36 per pound.
 London Metal Exchange (LME) 3-month copper fell 0.6 percent, to close at $ 7,448 per ton, $ 3.38 per pound considerable.

gold price rising

 gold  price  rising
European debt crisis, there will be no short term solution, with mixed U.S. economic data, the dollar rose, pushing gold down. New York, December gold fell $ 6.4 an ounce, or 0.4 percent, to $ 1,676.6, electronic trading continued to fall 0.24%. gold  price  rising
December silver fell $ 0.35 an ounce, or 1.1 percent, to $ 31.82, e-grind 0.21%. December copper fell 3 cents per pound, or 0.9 percent, to $ 3.38, electronic grind 0.86%. An ounce in January platinum fell 3.1 to 1551.8 U.S. dollars, 0.21% electronic grind. An ounce and December palladium fell from 3.75 to 616.8 U.S. dollars, 0.25% electronic grind. (Vi / a)

international gold price new high -hedging and speculation

international gold price new high

Since the terrorist attacks of Norway, making the rise in international crude oil prices upward, also contributed to the international price of gold price of $ 1,600 an ounce in after the break, keep firmly above $ 1600. Observe the international gold futures prices following yesterday's $ 1,600 price after the firm, although this was after-hours electronic trading, was down attitude, but still keep the $ 1,600 price of power, the price came to $ 1,615, also led the Bank of Taiwan today, the gold book ...


Gold Price - hedging and speculation
European debt event conflicts have set off an international stock markets in addition to waves, with the price of gold hedging, hedging and speculation has continued to be two arches on the history of astronomical forces. U.S. Commodity Futures Trading Commission statistics that, as of 7 / 19 last week, investors large-scale long on gold futures and options position, the number of contracts increased by 7.3% in the mouth


High gold prices

Still no breakthrough in negotiations, the U.S. debt ceiling, Moody's announced cut Greece's sovereign debt rating, the market risk aversion support the gold price to new high, the New York Mercantile Exchange (COMEX) gold prices closed higher Monday, COMEX8 December gold contract settled up $ 10.7, to close at $ 1,612.2, after trading between 1603.8-1624.3 dollars, $ 1,624.3 for the gold new record high.