The recent gold remained tepid dull trend, but the fluctuations in the triangular interval is also increasingly narrowed, basic to area 1770 axis swing. Gold price fluctuations of coarctation, adumbrative market sentiment increasingly cautious, have a clear breakthrough direction, is likely to trigger a new wave of market.

Information on the surface of gold or more favorable, the first is derived from the Fed, Wednesday morning, the Federal Reserve announced last month summary of display, there are still some members tend to be launched to expand quantitative easing policy, and reserve members of the judge is also consistent economic growth tends to be cautious.

After the message is announced gold to sustain growth. Secondly, on the Slovakia also came the optimistic message, because of Slovakia's ruling coalition of the three party and the opposition agreed, will be approved by the European Financial Stability Facility ( EFSF ) expansion plan, causes the eurozone debt crisis will be controlled to optimism, suppress dollar. In addition, the European Commission President Jose Manuel Barroso put forward to solve the debt crisis of the general plan, and the October 23rd European summit is expected to reach a new scheme.

Authority gold consulting firm GFMS reported on Wednesday, the four quarter of this year the average price of gold will be in 1770 dollars / ounce, and early next year after the Chonggao down cycle into. The data shows, 2010 the official gold net purchase only 77 tons, and in 2011 the first half of the year is jumped by 216 tons, predict that this year the central bank bought a net amount will reach 500 tons, much higher than its previous forecast of 340 tons.

Gold above the resistance is still in 1680-1688 area, but under the support of a progressive elevation, in 1670, followed by 1650 in the vicinity, and yesterday,Water slide

The morning start once again the" risk preference" button, the euro and the global stock market also rises in succession. As buyers optimism continued to spread, and continues into the market, the European stock market hit for 5 weeks. Although Slovakia Congress refused to strengthen EFSF, but the stock market is still appeared the watch gains head. That explains why the Tuesday market decline reasons quickly became explain reasons for the rise. " Because of the European debt concerns rekindle,Plastic wood

Slovakia voters reject expansion relief funding decisions on its national impact. At the same time, investors and points out that the government will probably agree that strengthening plan. At the same time, France and Germany continued to enhance the European banking system will support efforts to investors in the European Union for another year of confidence.

Increasingly rising optimism is equivalent to taking on more risk. To assume more risk equivalent to sell more accumulation of dollars, while maintaining a high degree of vigilance. We had mentioned in the article and video, according to certain money market the observer's point of view, large long dollar positions may be cut. That fall 0.95% this morning. The euro against the dollar rose to 1.377.

Real time display of Kitco spot price spot gold price rises 25 US dollars, reported 1688 U.S. dollars / ounce, silver opened up 3 / 4 dollars, $32.89. Today is the largest platinum rose, rose 30 U.S. dollars, reported 1544 U.S. dollars, gold rose $9, $611. If the platinum price from the current price fall, then expected platinum industrial users will begin to buy platinum. Recent platinum had dropped to $1480 in low, while palladium had dropped to $565.

The metal in the earlier or later narrowed, to 12 noon, gold in the test of the $1685 - $1690 region after only rose $13, trading at close to $1675.Playground equipment Crude oil at the time the price from up to down, the transaction price of close to 85.50 U.S. dollars / barrel, because the International Energy Agency ( International Energy Agency ) cut its expected on the demand for this commodity.

The dollar index also held steady at near 77 points. Noon market trader's emphasis on ( in order to strengthen the European financial system developed by the detailed" ), fully coordinated" EC plan published. At the same time, EC also appeal to Greece to take a "decisive action", in which part of the action including the payment of sixth aid fund.

Given its recent performance, the fact that ( no doubt), they have certain" investors" look from the other is trying to do. The rebels, irregulars, gangs and other illegal groups have abandoned the production and trafficking of cocaine, and to carry out illegal gold mining and sales. They are the reason for this is simple, i.e. the risk of a lot of small. You will have found gold, the excitement, there are now many investors are willing to" addiction".

Unfortunately, gold production had another dark side -- the dark side at a distance not far Columbia state ( Peru) was found, and in this state, gold production rarely can be placed in the financial newspaper front page. Once again, the dark side of" criminals" is every ounce of gold. What do they use to get the gold? Some people say that a price, the potential impact is immeasurable.

The price of gold and the Peru rainforest" dead zone" ( dead zone ) extends between the existence of a direct association. Some estimate that, in the past five years, Peru each year by gold mining and deforestation of the area high of 2000 hectares (20000000 square meters ). The following is a picture of the Amazon rainforest pictures, the rain forest from the air seemed to have been similar to the surface of the moon replaced with something: