Gold has increased dramatically, and crossed the border $ 1200
starting from
last night, gold has committed
leap: to 19.00 MSK April 27 troy
ounce for June delivery jumped to
$ 1 206.30, although in the early days
It costs only $ 1 178.20. Now,
to 11.35 MSK, gold rebounded slightly, but
still hovering around the mark of
$ 1,200 per ounce (1 199,90).
this jump
due to some easing
Dollar: Tuesday, it fell to three-week
low against a basket of major currencies.
Dollar weakness has always raises
gold quotes.
gold growth
explained by the rumors that the Fed
tomorrow will not hint at the June
increase its key interest rate.
Ronald Leung, chief dealer Li
Chong Gold Dealers (Hong Kong), says: "No one
I do not think that rates will rise in June
background of weak economic data. "
If the Fed will continue to
to keep rates at a low level,
the price of gold will be sustained. AND
Conversely, a high rate of recovery will press
on bars that do not generate interest.
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