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Old 09-18-2011, 05:41 AM   #1
brodyareak
 
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Default Bank of Shanghai

The gradual stabilization of the volatile situation in Egypt

the impact of profit taking by investors, the international price of gold rose on Friday prevented,nike air jordan, and finally to a small Yinxian barrel.

the price of gold is subject to $ 1,368 for several days near the resistance level, investors prefer the eve of the weekend rallies to sell. President Hosni Mubarak of Egypt announced his resignation late Friday, the gold market suffered another hit hedge interest related to the Bank of China shares hit trend. Gold prices fell below $ 1,360 in further after becoming soft, as of the close, the end to close at $ 1,jordan chaussure,355.

in 14 Asian trading, spot buying gold rebounded in early trading. But the rise in risk appetite in the market situation, the overall price of gold rose limited. After opening the European market, the highest reported $ 1,361 gold.

to complete the transfer of power with President Hosni Mubarak, Egypt, the situation may result in a slight stabilization of the gold market being limited hedging demand. However, turmoil in the Middle East, this by no means the end of the situation, especially in the near future, Algeria, Yemen, protests broke out after another,abercrombie and fitch, the future is still worried about the spread of unrest dissipated rebate.

In addition, the recent debt crisis in Europe is not optimistic about the prospects. Portugal 10-year yields hit a record high last Friday, so that concerns about euro zone finance the cost of re-emerging.

can be expected that the euro zone summit in March held before the euro will be in a very uncertain period. It would appear that the factors supporting the role of the gold hedge is not fully reversed, the larger medium-term price of gold is still likely to remain steady upward trend.

the international price of gold was little changed from Friday, yesterday varieties of domestic gold prices were mixed. Shanghai Gold Exchange, the 95 gold closed at 290.00 yuan, down 0.45 yuan, traded 4366 kg; 99 gold closed at 290.29 yuan,air jordan basket, up 0.01 yuan, traded 6549.4 kg; gold deferred settlement varieties closed 289.86 yuan, down 0.42 yuan, traded 6930 kg .

Shanghai Futures Exchange,moncler quincy, gold futures contract closed at 1106, 293 yuan, down 0.57 yuan, volume 7616 hands, hands open positions 53,766. Bank of Shanghai

: Bank of Shanghai (Editor: Hao Yan)
Sohu Securities Statement: The information content in the channel co-cited in the media and partner organizations,air jordan chaussure, does not represent their views and position of the Securities Sohu , suggest that investors cautious on this information to determine,air jordan, pursuant to the stock market,doudoune moncler, at your own risk.
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