Analysis Of Spot Gold Price In June 27Th
< p style= "text-align: center" > < img src= "/uploadimages/201406/28/20140628102533_sj.JPG" align= "center" border= "0" alt= "/" < < > >
< p > spot gold prices closed at a close level on Friday (June 27th), due to stronger than expected US consumer confidence index and gold's risk aversion. On the same day, the US stock market was basically flat, while the small fall in the US dollar failed to stimulate gold prices. The market is still optimistic that the first quarter economic contraction is due to severe winter. < /p >
< p > second quarter is only the last trading day, according to the current price, the gold price is expected to record nearly 3% of the increase, even up second quarters. However, gold rose less than other precious metals. < /p >
< p > the geopolitical tension between Ukraine and Iraq has been delayed for a long time, so far this year has boosted the risk aversion of "a href=" http://www.91se91.com/news/index_s.asp > Gold < /a >. However, analysts are still looking at the performance of the gold market. As the dollar is likely to strengthen, the stock market is likely to rise and inflation and inflation may remain low. < /p >
< p > analysts believe that once the geopolitical tension is eased, gold prices may appear to be amended. Therefore, the relevant agencies in the industry continue to predict that the gold trend will return to fundamentals after that, and further upward space will be limited. < /p >
< p > spot gold rose 0.1%, at $1318.46 an ounce, lingering around the highest of 1325.90 dollars in the 4 months on Tuesday. Us COMEX-8 month gold sales rose by US $3 to US $1320 an ounce. Trading volume is about 25% lower than the 30 day average. < /p >
< p > from the second quarter performance, silver is expected to record a 7% increase, the highest in the three quarter. Platinum is likely to climb 5%, the biggest quarterly gain since the third quarter of 2012. Palladium is expected to climb 9%. < /p >
< p > traders warned that there will be more volatility after the price of gold, worried about the weakness of the largest consumer countries in China, and the discovery that the 15 billion US dollar loan is related to the false trade in gold. < /p >
< p > other a href= "http://www.91se91.com/news/index_s.asp" > precious metals < /a >, spot silver fell 0.1%, to 21.02 US dollars per ounce. Spot platinum climbed 0.7%, to $1473.50 an ounce. Spot palladium rose 0.8%, to $838.90 an ounce. The rise of platinum metals is due to news that if a dispute over wages and other issues is not resolved, a just south Africa strike crisis may be in turmoil again. < /p >
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