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Near the United States closed Easter, under guidelines in a market lacking news, international gold buy wow gold trading in quiet.
After last week, gold prices fell to near $ 900/Oz, does not stop its footsteps fall, return to the “8″ era. Local time on April 9,wow game under the influence of such factors as rising stock market and dollar exchange rates, the fast wow gold New York Mercantile Exchange price 9th ounce gold futures for cheap wow gold June delivery fell by us $ 2.6 per wow level cent to $ 883.3, by 0.3%.
The same day, United States surge to close in gold futures trading, the warcraft Dow Jones index up nearly 200 points, weakening of the gold a hedge. Investors cautious before the buy gold Easter long weekend, also led to gold prices under pressure.
In addition, strong further weakening against the US investors buy gold preservation and safe-wow account haven demand. Earlier in the dollar against the euro on the day, for a time by nearly two weeks of low rise 1.3332 to high.
As the financial market uncertainties subside, United States gradually come out of the impact of the financial turmoil, the stock market to wowgold investors, becoming more attractive as a haven of gold began to become attractive. Haitong securities (600,837) analyst Li Zijing said when the economy started to recover when people began to think that gold is only market risk circumvention tools, than low market capitalisation of the stock, no longer has a charm. As investor risk appetite enhancement, have given investors more looking forward to the rebound of the stock market, gold’wow gold s safe-haven status will be shaken and shock.
Continental futures Gu Gang said the weak global demand for jewelry and make gold industrial also dragged down the gold trends. India Turkey two largest gold consuming countries high inventory and broken gold recovery increase reversed the early over-heated investment demand, India and some gold imports, consumer start to stop imports of gold, spot gold lost Fundamentals support hovering under $ 900, for the international price of gold futures rise, is undoubtedly a heavy blow.
Current near the United States closed Easter, under guidelines in a market lacking news, international gold trading in quiet, bargain buying long power and gradually weakened, weakness of the weak gold prices started showing up. Current international callback gold prices to below $ 900, lingering in the vicinity of us $wow power 880, 5th averages wow guide above the gold price, gold prices to rise in the short term, with the decline in trading volume, depressed sentiment free gold in the gold price situation, will run low.
According to the latest data show that as of April 8, total 7 global ETFs gold positions to 1377.268 tons, and previous trading days flat, showed no major changes.
Recently, JP wow gold us Morgan published reports said raised this years gold price is expected, said the prospects for inflation and a weaker dollar will trend for Gold support. instant gold JPMorgan Chase gold price is expected this year from the previous $ 831/ounce and $/ounce respectively, up to us $ 960/Oz and $ 950/oz.
Worth noting is that Thursday’s cheap gold United States data, unemployment in the early gold, international trade balance for February, and the United States SEC will vote on whether to resume “when stock prices fell not short” requirement. These messages will be published in the near future, introduced or data will be conducive to us stocks and dollar rally,wow gold eu while gold prices are after data published in a fatal blow.
Beijing interim said, from short-term view, gold in first down to 840-850 dollars/ounces interval will produced must rebound, but late still has may continues to Xia analysis 850 dollars/ounces seeking support, is expected gold late not has gold guide large buy cheap wow gold of performance, unless some powers announced increased gold reserves, otherwise gold difficult to again out uplink, this best gold times adjustment from fell below world of warcraft 900 dollars/dollars line has began, gold is expected cheapest wow gold to usher larger level of adjustment, short-term target 850 dollars/ounces.