| 作者 |
 [转帖]Gold surges 4 percent, up $27.30 to $614 ! |
 |
金银岛
[博客]
[个人文集]
头衔: 海归下士
加入时间: 2006/05/07
文章: 2
海归分: 326
|
|
|
作者：金银岛 在 谈股论金 发贴, 来自【海归网】 http://www.haiguinet.com
https://money.cnn.com/2006/06/30/markets/gold.reut/index.htm?section=money_latest
Gold surges 4 percent
Bolstered by falling dollar as Fed signals an end to interest rate hikes.
June 30 2006: 10:25 AM EDT
NEW YORK (Reuters) -- Gold futures in New York rocketed up more than 4 percent Friday morning in a holiday shortened session, as a weaker dollar made the precious metal more attractive to investors.
Window dressing at month-end and quarter-end and before a U.S. market holiday on Monday and Tuesday also stoked the rally, dealers said.
The metal opened above $600 for the first time since mid-month, and it got another leg up after stop-loss buying accelerated the advance by midmorning.
"There's been some pretty good short-covering," said George Gero, vice president at RBC Capital Markets Global Futures.
"You've got all the usual reasons today: the euro and you've got a limited audience because there's an upcoming holiday and nobody wants to be short in gold with all the political goings on in the world," he said.
Gold for August delivery at the COMEX division of the New York Mercantile Exchange bolted up $25.10 to $614 an ounce after peaking at $614.50 to mark its highest since June 12.
New York gold trading was to shut early, around noon, and the market will remain shut until Wednesday for the U.S. Independence Day holiday on July 4.
The euro hit a three-week high against the dollar as investors focused on prospects for faster euro zone rate hikes after the U.S. Federal Reserve signaled a pause in its long monetary tightening campaign.
A weaker dollar tends to promote buying in dollar-denominated gold by investors holding foreign money.
The Federal Open Market Committee on Thursday raised a key rate by a quarter-point to 5.25 percent, as widely expected in the market. The Fed also said there were some recent signs that economic growth was moderating, partly because of the gradual cooling of housing markets and higher interest rates.
"We continue to remain bullish on gold because of the Fed's recent actions," Donald Doyle, head of coin and bullion dealer Blanchard & Co., said after the rate hike.
"They have acknowledged that the economy has slowed, and additional rate hikes to curb over-hyped minor inflation appear unlikely. Precious metals continue to be an excellent investment portfolio diversification that we think offer opportunities for very high rates of return."
Many analysts have said they see more fuel in the tank for gold's bull run, after it hit a 26-year high last month above $730 an ounce, before tumbling back below $600.
Estimated volume was 10,000 contracts at 9 a.m.
Spot gold jumped to $610.30/611.00, from $592.00/594.00 at Thursday's New York close. Friday's morning bullion fix in London hit $600.40.
COMEX September silver soared 59.0 cents, or 5.7 percent, to $11.01 an ounce, dealing from $10.40 to $11.04. Spot silver fetched $10.99/11.09, up from $10.50/60. Friday's fix rose to $10.70.
作者：金银岛 在 谈股论金 发贴, 来自【海归网】 http://www.haiguinet.com
上一次由金银岛于2006-7-03 周一, 15:43修改，总共修改了1次
| 相关主题 |
| [转帖] 供小周的 e-Gold 项目参考
|
海归商务 |
2012-6-03 周日, 21:11 |
| [转帖]Why I Don't Trust Gold 有人不赞成投资黄金 ...
|
海归主坛 |
2010-5-28 周五, 05:56 |
| [转帖]12 Reasons to Short Gold
|
谈股论金 |
2009-2-12 周四, 13:27 |
| [转帖]BarCap sees "perfect storm&q...
|
谈股论金 |
2008-9-29 周一, 15:10 |
| [转帖]say bye bye to $US, buy gold, buy...
|
海归主坛 |
2007-8-31 周五, 11:37 |
| [转帖]红卫兵运动是怎样落幕的
|
海归主坛 |
2020-7-23 周四, 07:48 |
| [转帖]美国最强高中大排名：半只脚踏进了常青藤？(
|
留学与移民 |
2018-7-13 周五, 11:40 |
| [转帖]新手从哪儿, 开始学习房产投资？
|
留学与移民 |
2018-7-10 周二, 10:25 |
| |
|
|
|
| 返回顶端 |
|
 |
|
-
 [转帖]Gold surges 4 percent, up $27.30 to $614 ! -- 金银岛 - (3064 Byte) 2006-7-01 周六, 09:48 (2187 reads)
|
|
|
|
您不能在本论坛发表新主题, 不能回复主题, 不能编辑自己的文章, 不能删除自己的文章, 不能发表投票, 您 不可以 发表活动帖子在本论坛, 不能添加附件可以下载文件, |
|
|
