Saturday 12 February 2011

Reminbi savings reserve rate and significantly reducing of gold ETF hold etc


To this, the Chinese international business department Rong Fei of analyst, Pan, in futures Fuzhou thinks, European the sovereignty obligation crisis, Reminbi savings reserve rate and significantly reducing of gold ETF hold etc. factor to directly influence this time gold price adjustment.At the same time, the international gold price is second half year of from last year the rise is more big, this time drop to also belong to normal adjustment."From operation aspect, the gold price was whole to still oscillate maintenance currently structure and form, don,t greatly soar space, suggested investor if wasn,t special and"rigid" need, temporary took hesitating as a lord, waited after Chinese New Year, gold price condition of the market lucidity empress again make moves to buy a gold.(Wen Hai Long)(source:Newspaper in Fuzhou)

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