Gold Prices Will Be Reversed On Friday.

P (BOJ) announced its semi annual report on Wednesday (April 30th) and lowered its gross domestic product (GDP) estimate in the financial year of 2014/15, which has been dragged down by exports and the first estimate of the economic growth of 2016/17 in fiscal year 1.3%.

The Bank of Japan reported half a year that the actual GDP in Japan was expected to grow by 1.1% in the fiscal year 2014/15 down, and 1.4% in January. However, it remains unchanged for the 2015/16 fiscal year, when Japan's actual a href= "http://www.91se91.com/news/index_cj.asp" > GDP < /a > 1.5% growth is unchanged.

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< p > > a href= "http://www.91se91.com/news/index_cj.asp" > Federal Reserve < /a > (Fed) after two days of meeting, announced the interest rate resolution in the morning of Beijing time on Thursday (May 1st), maintaining the federal funds interest rate unchanged in the 0%-0.25% interval, and decided to further reduce the monthly asset purchase scale by US $10 billion to US $45 billion, just as expected in the market.

The interest rate resolution was passed by 9:0, which is rare in recent resolutions.

In the past, after the policy decision of the Federal Open Market Committee (FOMC) was released, one or two officials from the doves or Hawk camps always challenged the specific policies and measures.

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According to data released on Friday by the US labor department (P), the number of non farm employment in the US rose sharply after the 4 quarter of, and the unemployment rate dropped sharply, which further confirmed the steady recovery of the employment market from the cold winter.

In April, the number of new non farm workers in the United States increased by 288 thousand, the largest increase since January 2012, far exceeding / far stronger than expected and previous values.

It is worth noting that in March and February, the number of new non farm jobs increased from 192 thousand and 197 thousand to 203 thousand and 222 thousand respectively.

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On Friday P, the pro Russian forces in eastern Ukraine clashed with anti Russian forces and there were casualties.

The government of Ukraine has also sent troops to suppress Pro Russian forces. The Russian government has warned them that it has broken the Geneva contract and stationed troops at the border of Ukraine.

The possibility of a full-scale war between the two countries has caused panic in the global financial market in a very short time, and the risk assets such as yen and gold have risen.

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< p > < strong > organization < a href= "http://www.91se91.com/news/index_cj.asp > > Gold < /a > comment < /strong > /p >

P Walsh Walsh Trading hedge hedge director Sean Lusk said he expects gold prices to be withdrawn on the beautiful non-agricultural data on Friday and the strong stock market.

Lusk said that this would bring downward pressure on the price of gold, and that the only factor that kept gold prices up was Ukraine's news - there were some riots in the country, and the market is paying close attention to it.

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< p > George Gero, the precious metals strategist of the global futures Department of the Royal Bank of capital market (RBC Capital Markets), said he expects gold prices to go up because "all the negative factors have been taken into account in the market," and one of the negative factors he mentioned is Friday's non-agricultural sector.

Gero said gold prices may continue to rise slightly, and some funds will be redistributed to gold next month.

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Adrian Day, chairman and chief executive officer of Adrian Day Asset Management, is a member of the Ping camp. He points out that gold has been lingering at its recent low point for three times since March, P Adrian.

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< p > Lido, Jason Rotman, President of Searl consulting, said gold prices fell after much better than expected employment figures, but rebounded quickly, exceeding the key support position of $1280 an ounce.

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< p > Rotman said that the initial decline of gold was because better employment figures usually imply that interest rates would soon be higher, which is usually not good news for gold.

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< p > he also said that the rebound after gold was due to the overall existence of higher employment growth, that is, a stronger global economy, possibly due to the increased demand for gold due to the strengthening of health.

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< p > holding positions, as of May 3rd, the world's largest gold ETFSPDR Gold Trust gold position was 782.85 tons, compared with the previous trading day reduced by 2.70 tons; the world's largest silver ETFiShares Silver Trust silver holdings amounted to 10228.97 tons, compared with the previous trading day.

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