Dalian golden jewelry: $950 blocked gold back temporarily


Posted October 8, 2012 by shenlai

the domestic gold synchronous falling, spot one gold down 3.19 yuan to 214.70 yuan/grams, Period gold 0806 agreement to 219.43 yuan/grams, down 5.14 yuan.

 
25 day night, the international gold price at $950 level meet resistance, the United States congress may support the international monetary fund IMF sale that the news of the gold price. New York COMEX4 month period gold closed down $7.30 to $940.50 per ounce. On Tuesday, the domestic gold synchronous falling, spot one gold down 3.19 yuan to 214.70 yuan/grams, Period gold 0806 agreement to 219.43 yuan/grams, down 5.14 yuan.

Responsible for international affairs of American's deputy finance minister McCormick said Monday he believes the United States congress will support IMF sale limited quantity gold stock, to make up for the foundation of the income gap. This speech to gold constitute a bad influence. Gold at $950 in back pressure. The international monetary fund will eventually no gold sales to have the very big uncertainty, this news to the influence of gold also needs further observation. The short run, $950 constitute a pressure, prices will descending to seek support, $935, $920 with supporting role, after adjusted the price of gold will rise more healthy. Investors can seek low do many chances, and observe gold in support, resistance price place performance to increase or decrease the number of positions. Gold volatility is high, investors need to time preventing risks.
This paper from the http://www.hijewelryshop.com
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Issued By ijewelryshop
Website ijewelryshop
Country United States
Categories Apparel
Last Updated October 8, 2012