gold market gold price rose

Which constitutes the pressure on gold. Although the long term, prospects for the economic situation worries, will make many \ and more countries introduce quantitative easing policy, the ultimate good gold market. But the short term, funds to be returned to the gold market still needs some time and with the relevant market. Such as the dollar fell into the round end of a strong market adjustment.


Or have other geopolitical news, very good match, it can ultimately change the current relatively weak state of the gold market. Recommended more attention to the current geopolitical situation and the dollar. Expected price of gold will continue to run in the 1685-1710 range-bound, waiting for news stimulation. However, considering the behavior of ETF holdings continuous, we remain bullish centerline point of view, it is proposed to continue the bargain-hunting investors a lot of middle holdings of gold, rose gold and wait.

COMEX gold futures closed down 1.8 percent 11

COMEX gold futures closed down 1.8 percent 11
Increased due to stock market and gold trading margin CME, COMEX gold futures closed down 1.8 percent from 11, to close at $ 1,751.50 an ounce. Integrated media reported on August 11, the New York Mercantile Exchange (COMEX) gold 11 closing down from the record high, reversing the previous upward trend for three consecutive trading days, due to profit taking, and the stock market rose, boosted market sentiment. ... CME to increase the margin to guard against high gold callback
Chicago Mercantile Exchange Group (CMEGroup) announced increases COMEX gold futures margin. To remind market participants should pay attention to the high price of gold after running the risk of emergence of technical correction. According to the Futures Daily News August 12, amid fears of France's sovereign credit rating may be lowered, August 10, European stock markets fell across the board, hedge funds continue to pour in the gold market,