Whether it is speculation in gold or foreign exchange, or even the T+D varieties of gold that are compliant with domestic exchanges, more than 90% of the people will eventually lose their money. This is also limited to the risk of the market itself. Wang Ruilei said. Indeed, for high leverage of up to 100 times or even 200 times, this group of investors who are stillDemo precious metals trading MT4 active in underground margin trading can be described as master gamblers, and the higher probability of occurrence every day may be the slight market volatility to make gold speculation. An example of a player's blowout.
Frank McGhee, head of precious metals trading at Integrated Brokerage Services, said that this is a rise driven by technical short covering, but I don't know if there are more follow-up buying orders.
Import and export data fell sharply in 4.1. According to data released by the General Administration of Customs on Sunday, exports in January of this year fell by 3.3% year-on-year, the first time since April 2014, the year-on-year negative growth. Imports fell 19.9% year-on-year, the lowest value since May 2009.
In April, Hu Xiaolian, director of the State Administration of Foreign Exchange, stated that from 2003 to 2009, my country's gold holdings increased substantially from 600 tons to 1054 tons, an increase of 75%. In this regard, gold analysts recently told the "Daily Economic News" reporter that so far, in terms of US dollars, my country's gold reserve assets may have appreciated by more than four times, and the increase in gold holdings during this period has netted more than 4 billion US dollars. .
East Securities Futures analyst Meng Jia told a reporter from China Times: On Tuesday, Germany announced assistance to Greece, which pushed up the euro and caused a rebound in international gold prices. However, due to the serious economic problems in the Eurozone recently, the problem of the British fiscal deficit is also more prominent. I think that both the UK and the Eurozone will likely adopt active depreciation methods to indirectly push up the dollar.
The interest rate hike by the Bank of Australia has boosted market confidence in the recovery of the global economy and set the Demo precious metals trading MT4tone for other central banks to raise interest rates. The Royal Bank of Scotland pointed out in a report that the recession cycle of the global economy has broken, Norway’s rate hike at the end of the month is almost a fact, and Canada and New Zealand may follow suit.
It is reported that the London Intercontinental Exchange (ICE) recently stated that starting from March this year, the nearly 100-year-old London Gold Fix (LondonGoldFix) will be replaced. The new alternative mechanism is expected to attract the support of at least 11 members, among which the Industrial and Commercial Bank of China, China Construction Bank and the Bank may be among them.
The New Year of the Dragon gold bar, which was launched in late November, is a star product that is in short supply. Thousands of copies have been ordered a year in advance. This New Year of the Dragon gold bar has been issued for many years, and the market is still hot this year. Gold Coin Headquarters issued a total of 5 specifications of 1000, 500, 200, 100 and 50 grams for the New Year of the Dragon. The circulation is 350, 1000, 1500, 16000 and 24600 respectively. The fineness is 99.99%, and the total weight issued nationwide It is 3980 kg. It is reported that the issue price of CICC's gold bullion for the Year of the Dragon this year is 435 yuan/gram, which is the highest price in the past 10 years.
The international price of gold broke through the key psychological price of US$1,500 per ounce last week, and further rose to the line of US$1510. As the market expected, the price of gold would undergo some adjustments after tackling key problems. Dollar-denominated gold rose 1.2%, euro-denominated gold rose 0.9%, and pound-denominated gold rose 0.5%. At present, the price of gold is close to the key resistance of $1,520 per ounce above. Whether the medium-term trend of gold can change to a certain extent, this may need to find the answer from the speech of Federal Reserve Chairman Bernanke.