replica Cartier

replica Cartier

replica Cartier

November 9 released a new survey shows that although on Friday (November 7) the price of gold due to poor US October non-farm payrolls replica Van Cleef & Arpels jewelry rose by 3%, but most analysts and traders surveyed believe gold debacle is far from over, the end of 2014 will drop to $ 1,000 / ounce, the lowest level in 2009.

In this survey, more than more than 20 analysts and traders believe that last week’s Shanghai gold jewelery and gold surge in demand in Germany can only provide a “dead cat” type of gold rebounded as the dollar, US stocks and the US economy continued Van Cleef & Arpels jewelry imitations strength gold prices will further expand the decline.

All respondents 27, half the price of gold is expected by the end of 2014 will be below $ 1100 / oz key support and further look to the five-year low of $ 1,000, and this was also the majority of the lower-cost gold producer. Only two of the respondents expect the end of the year the price of gold to rebound to $ 1,200 / oz at the top.

Silver has also suffered the same treatment, the replica Van Cleef and Arpels earrings majority of respondents analysts and traders believe that by the end of 2014 the price of silver will fall another 10%, the lowest could reach $ 14 / ounce, more than five years low.

John Meyer broker SP Angel analyst said, “the dollar is still an important short-term negative factors affect the price of gold, but the price may be subject to the most recent short covering as well as increased demand for physical gold in Europe and America in kind support, but overall will maintain the shock pattern but when the dollar replica Cartier love bracelet gains restart, gold short-term rebound in the end. ”

Bank of Montreal (BMO) metal trader Tai Wong said, “Recently factors driving gold prices is only temporary, the dollar price of gold is the enemy, because Hermes kelly bracelet replica foreign buyers need to spend more money to buy dollar-denominated gold.”

In addition, there SPDR gold ETF holdings has  dropped to the level of the financial crisis on Friday, hitting the lowest level in six years.