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The Shanghai gold re-enters above 250 Yuan
Posted on 三月 4th, 2010 No commentsThe newspaper news (by Ren Fen) yesterday, Shanghai Jin Gaokai walked high, the Shanghai gold main force 1006 contract opening prices 251.10, closed 251.90, rose 4.13 points compared with the preceding trading day, the increase scope 1.67%. On the same day, US dollar receded from March 2 top digit, lowers the shake, urged gold Gao Kaiwen to walk.
The outside offers aspect, is risen sharply the crude price with US dollar exchange rate recedes the influence, the New York commodity exchange on 2nd the gold stock in April contract each ounce rises sharply 19.10 US dollars, received 1137.40 US dollars, the increase scope is 1.7%.
On the news surface, Greek and British question has not obtained the explicit solution on Wednesday, the market faced with the risk. If Greece reduces the deficit new move to obtain the approval, the euro exchanges US dollar hopefully to further rise.
Industry in believes that although the gold short-term trend is strong, but US dollar has not gone out of the obvious tendency, the fundamental plane spatial news doping, in the technical aspect the short-term narrow shake direction was still not bright. The crown passes stock analyst Zhao Xi to suggest that the risk loathing’s investor may wait and see, the radical investor may many have only.
Authors: Ren Fen
(Origin: National capital Times)
(This article originates: National capital Times)

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