Thursday, January 19, 2012

New York, gold fell $ 7.7 12, 13, the Shanghai Gold opened higher shock.

<P> As the dollar rebounded from the high international price of gold fell 12. .However, the Shanghai Gold slightly affected, 13 of the price is still slightly higher in early trading opened shortly after opening to maintain the trend shock. .</ P> <P> main Shanghai Gold 1012 opened today at 292.00 yuan / gram, compared with the previous settlement price rose 1.41 yuan, as of 9:18 reported the latest price of 292.04 yuan / gram, up 0.5%. .</ P> <P> New York Mercantile Exchange (COMEX) futures settlement price of gold closed down 12, the most actively traded on the main gold contract fell COMEX12 $ 7.70, or 0.6%, to $ 1,346.70 an ounce, trading range .between 1314.40-1356.30 dollars an ounce. .</ P> <P> the Fed's meeting minutes showed policy makers that "soon" to further relax the policy may be appropriate. .Meanwhile, a third consecutive cut is expected U.S. economic growth is expected in the second half of 2010 and 2011 economic growth will slow more than previously expected. .</ P> <P> CSC Futures Division, said Zhu accordingly, taking into account the second round of the Fed expected QE increasing investment demand for gold and physical gold demand will continue to constitute a support for gold. .Therefore, he believes that gold is still strong, the proposed price of gold back $ 1,350 in choosing the right intervention. .</ P>.

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