Deutsche Bank’s concerns led to lower gold stocks rose, the dollar rally blocked sweets parade

Deutsche Bank’s concerns led to the stock market lower gold gains, the dollar rally blocked Sina fund exposure platform: letter Phi lag behind false propaganda, the performance of long-term lower than similar products, how to buy funds pit? Click [I want to complain], Sina help you expose them! FX168 financial newspaper (Hongkong) news market concerns about deutsche bank crisis caused the stock market decline, a boost for the safe haven gold demand, the price of gold on Friday (September 30th) Asian market trading rose slightly, the dollar trend is blocked, gold fell more than 1% of the momentum is expected to end this week. Spot gold rose 0.2% to $1322.80 ounces. September gold price has risen by 1%. U.S. gold remained at nearly $1326.40 ounce. Deutsche Bank shares plunged to record lows as traders said they were withdrawing excess funds and positions at Deutsche bank. Hongkong lee cheong chief trader Ronald Leung said: "perhaps Deutsche Bank news is causing some buying. In China before the end of the holiday, is expected to price range of $1310-1340 gold ounce." The Chinese market will be closed due to the National Day holiday from October 1st, re opened in October 10th. (source: FX168 financial network) Gold Silver Central in Singapore gold trading director Brian Lan said: "the horizontal finishing material gold the next period of time, the current signal diagram provides more complex. If the market performance is not good, it will constitute a support for gold." The United States shares after the Asian city early Friday in the doldrums, but oil prices remain near the intraday nearly a month highs, helped by the organization of Petroleum Exporting Countries (OPEC) production agreement brings optimism. U.S. export growth is higher than imports, increased business investment, U.S. economic growth is not so weak as expected in the second quarter. U.S. data released recently, investors to increase the Federal Reserve (FED) interest rate hike will increase the bet, or holding non interest bearing assets the opportunity cost of gold. Sixi Fu International (INTL FCStone) analyst Edward Meir said in a statement: "any downward momentum in global stock markets will lead to higher gold… The dollar may make any scale rise to a certain extent are closely watched by." We expect the Deutsche Bank or the uncertainty of stock market will decline, so now is the best trading of gold. ICE dollar index remained strong in the 95.56 position. Silver fell 0.2% to $19.05 ounce. Platinum intraday fell 0.1% to $1025.90 an ounce, palladium rose 0.4% to $714 an ounce. Palladium Thursday after hitting a 7 week high of $721.30 an ounce. Proofreading: cool to enter [Sina financial stocks] discussion相关的主题文章: