Wednesday 21 December 2011

the Central BankBuying 148.6 tonnes of gold in the third quarter so far this year

129668600958281250_3 <a href="http://www.power-leveling.co.uk/star-wars-the-old-republic/">swtor power leveling</a>P downgrade Belgium ratings pressured EUR/USD lower, dollar index extended gains, spot gold closed down moderately on Friday. Highest spot gold hit 1,697.50 dollars an ounce, low hit to 1,671.59 dollars an ounce, at 1, 679.63 USD/Oz, the previous trading day at 1 694.25 USD/ozDecreased by $ 14.62/ounce, or 0.86%.   Main capital stocks (eleven-twenty fifths) unit fled to cut meat must regret having sudden boom is not likely in a move investors Gospel: hold stocks saved!  Beauty means extended gains, strong dollar account for gold. International rating agency standard and poor's announced Friday will Belgium issued long-term foreign currencyPeople rating downgraded to AA from AA, Outlook negative.  P, cut Belgium rating reflects the funding pressure to reproduce the credit risk and market risk star wars the old republic, also reflected the Administration's ability to deal with possible economic pressures at home and abroad led to increased risk. The world's largest gold ETF SPDR Gold Trust as of November 24Gold positions at 1,297.32 tons of levels. Italy 2-year Treasury bonds after the weakness of the new debt sales results for yield breakthrough 8%.  Treasury yields soar means that the country's short-term sharp rise in financing costs, was forced to seek external assistance in increasing risks. The World Gold Council and the International Monetary Fund released a report showing, the Central BankBuying 148.6 tonnes of gold in the third quarter so far this year, only slightly less than 350 tonnes the amount of buying gold.  Brown Brothers Harriman said Friday that United States Thanksgiving after the opening of financial markets, but from Europe and the stock market's weak performance, risk aversion is still very strong, gold prices followed the euro/dollar fell together. Integrated BrokerAge Services LLC says Frank McGhee, head of precious metals trading, "if not achieved within a short time a strong rally in gold, then more selling emerged to push gold prices to near low point this week. Due to our United States markets closed ahead of time greatly, the price of gold may not have more opportunity to level the situation. "

No comments:

Post a Comment