Precious metals business

On the 22nd, US Treasury Secretary Geithner, Federal Reserve Chairman Bernanke, and New York Fed Chairman Dudley stated in a joint statement that they are confident that Congress will raise the $14.29 trillion debt ceiling by August 2. US President Barack

The latest statistics released by the Gold Association on February 6 showed that the gold output in 2012 exceeded the 400-ton mark, reaching 403.047 tons, an increase of 42.090 tons over the previous year, an increase of 11.66%, and another record high, r

On the same day, the most active April 2013 gold futures price on the New York Mercantile Exchange gold futures market closed at $1,662 per ounce, down $19.6 from the previous trading day, or 1.17%. Gold prices fell 0.8% in January, the fourth consecutive

But two months later, he discovered that the company actually consisted of several computers and phones, rented in an office in the Phoenix Building in Futian. Like him, the other three staff members are all college students who have just graduated. And h

The international spot gold price started a strong rebound after hitting $1,179 last Friday. Although the US June ISM Manufacturing Purchasing Managers Index rose to 50.9 yesterday, higher than the expected 50.1 and the previous value of 49, the market di

Different situations in different economies will lead to divergence in the demand for gold. Wang Ruilei said that where there are no inflation expectations, investment demand for gold may decline. For the United States, where inflation is likely to be sma

Neighbors in the neighborhood are saying that the price of gold has plummeted recently. I want to buy more and store it. It will be useful in the future. In a jewelry store, an aunt over fifty told the China Business News that she didn’t know what Goldman

MKSFinance trading director Afshin Nabavi said that the bulls flee at the same time. PVMFutures trader Carlos Perez-Santalla pointed out that golds break and close below the 200-day moving average may prompt trend followers to reverse more.Obamas speech t

Last week, the economic data of Germany, the economic locomotive of the euro zone, was relatively beautiful, which gave the euro a certain degree of support. The retail sales data and consumer price index released on Friday were better than expected, coup

On Monday (July 15) late in New York City, spot gold fell slightly to 1,284.85 US dollars per ounce. Gold prices fluctuated very sharply during the day. Gold prices in the Asian market rose all the way, oscillating down after hitting as high as $1,294.74

Barclays Capital (Barclays Capital) analysts said that despite the recent unstable performance of gold, they continue to maintain a positive view on the price of gold, and expect the average price of gold in 2012 to be $1,716 per ounce.Since May, paper go

However, the high level also means high risk. This years gold price has shown the characteristics of large fluctuations. Analysts expect that although it is too early to predict the specific trend of the gold price next year, one thing is certain. The pri

Yesterday, spot silver opened at 6555 points, the highest was 6637, the lowest was 6500, and it closed at 6573, fluctuating by 137 points. Silver ETF holdings amounted to 1,055.94 tons, which was the same as the previous trading day. At present, ETF holdi

Geopolitics. Israel and Hamas have agreed to a 72-hour ceasefire starting at 8:00 local time. Ukraine said that the number of Russian soldiers assembled on the Ukrainian border rose to 33,000, and 160 tanks were assembled. The Lebanese army agreed to a ce

The actual one-month US dollar loan interest rate is still LIBOR plus 80-100 basis points over the same period, which is at least 56 basis points higher than GOFO. This allows some large money market hedge funds to see arbitrage opportunities. Chen Weijia