Expert: Demand For Gold In Asia Is Unlimited Or Warmer.

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< p > after a short break of 1280 US dollars / ounce last week, < a > gold price < /a > is now back to about 1310 US dollars / ounce. < /p >
Less than expected nonfarm data released on Friday, the escalation of Ukraine's situation, the implication of the ECB's suggestion that there would be no more stimulus and the fact that the central bank said it would buy more gold in the near future were all factors contributing to the rise in the price of gold. P < /p >
Frank Holmes, chief executive officer and investment manager of P U.S. Global Investors, believes that the demand for physical gold is unlimited in Asia. "Gold is transported to Switzerland from North America and then melted into smaller volume and sold to China. Up to now, there are about 200 tons of gold." < /p >
< p > Holmes believes that China's demand for < a href= "http://sjfzxm.com/news/index_s.asp > > Gold < /a" is due to love, and on the other hand, there is panic market demand for the Federal Reserve Policy and low employment figures. < /p >
< p > "last year the inflation rate dropped from 1.7% to 1.2%, and now it has risen to 1.7%." Holmes said. < /p >
< p > he thinks that attention should be paid to the "a href=" http://sjfzxm.com/news/index_s.asp "http://sjfzxm.com/news/index_s.asp" > minutes of the Fed's /a meeting, which will have an impact and bring panic demands. "It has a 10% effect on gold, which has a 5% effect on gold and gold ornaments, and then has a 5% effect on gold stocks." < /p >
< p > < strong > related links < /strong > < /p >
< p > < strong > gold T+D will refresh the intraday high point and will maintain the golden strong silver weak pattern < /strong > /p >
< p > April 9th (April 9th) Asian market morning, < a > Gold Exchange < /a > gold T+D traded at 261 yuan / gram; silver T+D traded at 4135 yuan / kg. The Shanghai Stock Exchange Shanghai Gold 1406 traded at 260.3 yuan / gram; Shanghai silver 1406 traded at 4140 yuan / kg. International spot gold broke through three thousand three years, but it did not make silver price break through the $20 / ounce mark effectively, but it could still bring some gold and silver bulls into the market, resulting in a stronger strength on the third tier, and the trend of domestic gold was slightly stronger than that of silver. < /p >
< p > domestic market, agricultural products are eye-catching today. Most of the agricultural products are in the top. Although industrial products are not strong enough for agricultural products, they are still in a strong character. Iron ore is still running red, and its growth rate has been close to 20%. The stock market has gone up yesterday, the Shanghai stock index [0.19%] has been slightly consolidated, and the growth rate of GEM has increased by nearly 2%. < /p >
Generally speaking, China's financial market continues to enjoy a good atmosphere on the first day after the festival. In general, every breed has the opportunity to perform. The operation of the red disk is obviously more than that before the holiday. This has also contributed to the influx of domestic investors into the gold and silver market to a certain extent. < /p >