129779483473750000_42 tera power levelingHuitong's network, April 3-spot gold price Monday (April 2) rallied, aided in technology buying, then near 1
tera gold,680 dollars an ounce in the market fluctuations, technical factors, crude and stock markets rallied to provide support. The euro rebounded from earlier declines against the dollar also has support, before the euro against the US dollar due to weak manufacturing data for Europe and fell to one-month lowBit. Highest spot gold hit $ 1683.3 an ounce, the lowest hit to 1,662.34 dollars an ounce, at 1, 676.79 USD/Oz, the previous trading day at 1 668.3 dollars an ounce, up $ 8.49/ounce, or 0.51%. Gold in the first quarter of this year recorded a gain of 6.6%,After the Federal Reserve (FED) to convince investors that interest rates will remain low over the long run, the low opportunity cost of owning gold. Signs of United States economic upturn, clouds of gold prospects. More economic recovery considering the launch of a new round of government bond purchases, or of the Federal Reserve reduced the possibility of quantitative easing. Standard Chartered Bank (micro-blogging) analysisTeacher Daniel Smith said: "the overall macroeconomic situation is improving, so I think it brings some adverse factors
tera gold, while the European banking crisis is to stabilize, so far, on haven demand for gold in the market. However, we believe that the decline of gold is actually very limited, basically, we believe that gold will rise in the coming months, for macrosView of environmental improvement in overall liquidity. "The data showed on Monday, United States March manufacturing data growth, but February construction spending recorded a decline in seven months. Data index reversed earlier gains after the announcement, supported on the gold. United States and European markets rose on Monday, while oil prices fell. Commodity futures trading Commission (CFTC) Friday on the dataDisplay, including fund managers of hedge funds and other large speculators increased last week bet on gold, for the first time in four weeks.
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