Spot gold prices fell sharply – Highlights of the Urban Financial _ _ Sina Sina
Posted on May-31-2008· by china investor
大幅下跌，市场目å‰ç‰å¾…美国第一å£åº¦GDPæ•°æ®å¯»æ±‚指引。 Thursday, the price of crude oil fell and the euro / dollar dual effect, spot fell sharply, the market is waiting for U.S. first quarter GDP data for guidance. As of press time spot gold was 893.85 U.S. dollars / ounce, higher than Wednesday, down 1.8 percent.
Standard Bank of South Africa (Standard Bank), analysts said the spot gold price fluctuations of the sensitivity of re-strengthening, the market for the supply of crude oil into the impact of the recent price speculation a major factor.
World-renowned gold website TheBullionDesk.com analyst James Moore said that if there are indications that the U.S. economy to improve, spot gold may be more depth of the adjustment, or to 850 U.S. dollars / oz on the other hand, signs of economic contraction may promote the Price regain 900 U.S. dollars / oz barrier.
Shanghai Futures Exchange gold futures prices Dikaidizou, turnover enlarged, the main contract closed up by the decline in inflation fell to 5.33 yuan from 5.91 yuan. One main contract 0812 to close at 200.33 yuan / g, the session down 2.81 yuan. 21,700 full-time contract in hand, 34,000 positions for the hands, reducing 3574 hands. (Liuhuo)
chinainvestor:本版contents of the article was supplied by MarketWatch, does not constitute investment advice. Investors this operation, own risk.
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