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The contract price of gold back up on Monday (06/06/2011) thismorning. A number of factors that encourage the movement of gold
, among others, there is speculation that the cost of borrowingin the U.S. will remain low after economic data signaled that the global economic recovery will slow. Conditions that hit the U.S.dollar and raise the prestige of gold.
At 8:49 pm Singapore time gold price contracts for quick deliveryrose 0.2 percent to 1545.10 U.S. dollars per troy ounce. On June 3, then the price of gold was up 0.6 percent.
"low of U.S. economic data led to speculation that the FederalReserve will again poured quantitative easing," said LachlanShaw, an analyst at Commonwealth Bank of Australia. (BarratutTaqiyyah / Cash)
source: kompas.com
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, among others, there is speculation that the cost of borrowingin the U.S. will remain low after economic data signaled that the global economic recovery will slow. Conditions that hit the U.S.dollar and raise the prestige of gold.
At 8:49 pm Singapore time gold price contracts for quick deliveryrose 0.2 percent to 1545.10 U.S. dollars per troy ounce. On June 3, then the price of gold was up 0.6 percent.
"low of U.S. economic data led to speculation that the FederalReserve will again poured quantitative easing," said LachlanShaw, an analyst at Commonwealth Bank of Australia. (BarratutTaqiyyah / Cash)
source: kompas.com
please give me comments thanks
Posted in: Gold as an investment
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