gold price trend

2011年8月3日 星期三

Worry U.S. economic recovery gold price rise to new high

Worry U.S. economic recovery gold price rise to new high

New York Mercantile Exchange gold futures prices rebounded sharply 2, a record closing price of high degree.

16 U.S. consumer spending unexpectedly fell in January

2 on concern U.S. economic recovery

3 increased demand for hedging

4 investors expect the Fed to restart ultra-loose monetary policy to stimulate economic recovery

Why the international gold price hit a new hig record

Why the international gold price hit a new hig record

1A weak U.S. economic data


Recently released a series of weaker than expected U.S. economic data shows that the U.S. is not only facing a huge debt burden may also fall into the plight of slowing economic growth,

Investors expect the Fed will have to restart the ultra-loose monetary policy to stimulate economic recovery and strengthen the attractiveness of gold hedge.


2 increase in hedging demand

Since June, an unexpected decline in U.S. consumer spending concerns about the market prospects for U.S. economic recovery, boost demand for hedging


3 India, China, the festival season demand for physical gold recovery

South Korea's central bank today announced its purchase of 25 tons of gold 6,7 months, bringing the country's gold reserves rose to 39.4 tons. PFGBEST Maikedaili senior gold analyst, said South Korea since 1998 to become the first news of the day to buy gold price rise a major positive.

Daly said that despite the recent demand for physical gold price of gold rose on the composition of suppression, but with India, China, the arrival of the holiday season, demand for physical gold is expected to appear rebounded significantly.


Day, the most active December contract rose $ 22.8 an ounce to close at a record high closing price of $ 1,644.5, or 1.4%.

U.S. Commerce Department released data show that in June this year the U.S. personal consumption expenditure decreased by 0.2%, lower than economists expected growth of 0.1%

The first time in nearly two years down. The chain in June personal income increased only slightly by 0.1% for the last year, the smallest increase since November.

2011年8月2日 星期二

gold price fell because the U.S. parties to reach debt agreement

gold price fell because the U.S. parties to reach debt agreement

U.S. to cut budget spending and the two partieson the debt ceiling increase agreement, the United States to ease debt worries a little

Hedging demand that the gold market has been weakening, gold futures ended slightly lower in New York. Peripheral gold prices, but losses were limited.

New York, December gold closed at $ 1,621.7 an ounce. But weaker than expected manufacturing data released after the price rebound.

gold prices fell.

gold prices fell.U.S. debt between the two parties reached an agreement,

Obama said the two parties have reached a debt ceiling increase, reducing the federal deficit, a preliminary agreement to avoid credit default.

The news gave a blow to gold, so prices fell by more recent high of about $ 25 an ounce.

U.S. debt crisis has shown signs of the dawn of the price of gold closed down according to the U.S. Institute for Supply Management (ism) data released in July ism manufacturing index

50.9 points, setting the lowest level in two years. But weaker than expected manufacturing data released after the price rebound.

gold prices fall reasons recently

gold prices fall reasons recently


1 United States two parties have reached to increase a debt ceiling

2 to cut the federal deficit

3 preliminary agreement to avoid credit default

2011年8月1日 星期一

gold prices European bonds, pushing up U.S. bond rally suspicions

Recent debt crisis intensified in Europe, although the Greek parliament in early July through austerity case, at 120 million euros in relief loans, but the euro zone's debt crisis is a sustained manner. The next market focus to Spain and Italy, two countries debt default swaps (CDS) levels increased, while Portugal and Ireland also has public debt credit rating by Moody's lowered to junk bond level, the impact of the global stock market performance, but also affects global investors nervous, so demand for hedge funds to upgrade the. In addition, the U.S. may start the second half of QE3, has become a trend to promote the power of gold.

Hedging demand gold prices rise

Continuous high international gold price , another record high price of new, breakthrough $ 1,600 an ounce level, fund managers optimistic about the debt problem worse in Europe and the United States may be implemented QE3, have pushed the price of gold will lift road, gold bull is not over.

U.S. Fed (Federal Reserve) may be taken 3 times a quantitative easing policy (QE3), coupled with the euro zone debt crisis continues to worsen and spread to Italy and Spain, the United States and Europe to push the economic and political issues l hedge funds needs to strengthen the gold as a hedge of assets more attractive, more than 10 consecutive trading days the international price of gold high-frequency, break through $ 1,600 an ounce level, its highest price reached $ 1,610.7 history, and record 21 years, the longest streak of record. Fund managers optimistic about China, India, the huge demand for gold and gold supply increases very little, this (2011) in the second half still have a chance to new price.