Hunan Weide Investment Promotion Announcement

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Hunan Weide Bulk Commodity Spot Trading Center
Investment Hotline
Manager Liu
Hunan Weide Investment Promotion, Hunan Weide Silver Investment Promotion, Hunan Weide Spot Investment, Hunan Weide Personal Agent, Hunan Weide Bulk commodity investment, Hunan Weide agent, Hunan Weide company agent, Hunan Weide silver agent, gold, silver, copper, fuel hydrocarbons, energy, palladium.
Spot gold continued to fall on Wednesday

, with the U.S. market as low as
USD
oz, while the U.S. dollar rose to
against a basket of currencies. 2019 highs, extending nearly a week of gains driven by rising U.S. Treasury yields following Trump's election. After a brief rebound, gold has fallen sharply, losing more than the U.S. dollar.
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Major banks and investors began to debate the direction of the U.S. dollar
The euro. The U.S. dollar was favorably supported by expectations that Trump's administration would increase inflation in the future.
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Analysts
The important thing we see for gold is an appreciation of the U.S. dollar. It's an old game, as the dollar rises, the price of gold weakens because gold is an alternative currency. At the same time,
10-year Treasury bonds also rose by
3 basis points, which is detrimental to gold as a non-interest-bearing asset.
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Investors' interest in gold has weakened, and the world's largest gold
,
gold stocks reduced their positions on Tuesday
tons to
tons, is
/>The lowest point in a month and a half. Beijing time
, spot gold was quoted at
USD
oz, down
USD, down
.
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Hunan Weide Bulk Commodity Spot Trading Center
Investment Hotline
Manager Liu