China Gold Futures

Gold Futures Surge on Weak Dollar

Gold Futures, dollar and China demand Gold future rose by 0.5 percent or $6.10 by the end of trading in New York to finish the session at $1,111.50 an ounce for June delivery. Along with the weakness of the U.S. dollar, Chinese demand for gold is expected to increase by double over the next decade also helped push the price of gold futures up. Chinese gold demand news was from a report from The

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China Giving Gold Prices Support

China and Gold Price SupportEven though there has been a pull back in gold prices lately, leading the usual clueless commentators to question gold prices going forward, China remains a solid customer of gold, and recent changes in their laws had freed up its citizens to acquire more jewelry and hold a bunch of physical gold.Of course this is small potatoes compared to the inflation and safety

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China Tightening Weighing on Gold

China and Gold There is a lot of speculation swirling around out there which could have a strong impact on gold if any of them turn out to be true, with one of those being China could end up tightening its money supply to cool down its economy. With China it is believed they may raise their interest rates, which could result in not only a downward pressure on Gold prices, but possibly on other

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China Tightening Weighing on Gold

China and Gold There is a lot of speculation swirling around out there which could have a strong impact on gold if any of them turn out to be true, with one of those being China could end up tightening its money supply to cool down its economy. With China it is believed they may raise their interest rates, which could result in not only a downward pressure on Gold prices, but possibly on other

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