Gold increased with the China demand
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Date : 01 Aralık  2013 Pazar - 01:27, Category : BUSINESS


Gold increased with the China demand

Gold futures in New York, the world's second largest gold bullion's growing in China, demand for gold jewelry and coins with mark gained.




China's net gold imports in Hong Kong in October , rose to its highest level since the second . Futures contracts, on November 25 , the Fed , along with the recovering U.S. economy , asset purchases would reduce speculation , depending on the index to its lowest level in the last four months .

Oanda Corp., based in Toronto . 'S foreign exchange analyst Dean Popplewell , " Physical demand is supporting the bottom , " he said.

February gold futures contract on Friday , on the Comex in New York , gaining 1 percent at $ 1,250.40 per ounce closed. Gold, on November 25 , descending to $ 1,226.40 , its lowest level since July 8 saw .

Gold this month, the most since June with a 5.5 percent monthly loss experienced large-scale and since 1978 has realized the biggest decline in November . India 's largest gold position.

Australia & New Zealand Banking Group Ltd. in Singapore . to Thianpiri analyst Victor , " Physical demand is strong , but a significant short position is not enough to trigger off their purchases ," he said, and " Market expectations are not encouraging much ," he has commented .

Gold this year , tumbled 25 percent on an annual basis and the first decline since 2000 headed to perform . Some investors in U.S. equities rally to reach a record high and an increase in inflation , along with the ability to protect the value of the metal has lost their trust .

March silver futures contracts , Comex , rose 1.8 percent to $ 20.033 an ounce out. Metal rose 0.7 percent last week and four- week -long decline has stopped . Silver, in November , the fastest since June with a 8.4 percent monthly loss suffered.

January platinum futures , Nymex market , rose 1.2 percent to $ 1,368.80 an ounce out. Metal dropped 5.5 percent this month and declined 11 percent this year .

March futures rose 0.5 percent palladium reached $ 719.65 per ounce . Metals fell 2.3 percent this month .



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