Gold soaring to promote inter-Korean shelling

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Oriental Morning Post reported on November 24 from 22 at night, the debt crisis as investors worried that Ireland will spread to other countries in the eurozone, the euro lower pressure, spot gold fell slightly in New York early period to 1350 to buy U.S. dollars by hedging disk drive higher, to close at $ 1,365 late.
in 23 Asian trading hours, spot gold in the 1365-1358 dollar range of mild shock, Beijing around 14:30 the same day,[link widoczny dla zalogowanych], South Korean Defense Ministry press office confirmed that South Korea was near the western extension of the island from the floor North Korea's artillery, South Korean troops fought back. The news from the $ 1,359 intraday spot gold rose rapidly from 10 to 1369 U.S. dollars, but the subsequent lack of upside momentum, unable to stand on the $ 1,370 gold, after hovering near $ 1,[link widoczny dla zalogowanych],364.
from a technical point of view, the price of gold daily chart Jin Cha uplink KD indicators, moving averages turned higher, indicating stabilization of gold has rebounded from $ 1,330, $ 1,385 for the short-term pressure level, with support for the $ 1,[link widoczny dla zalogowanych],345 investment may bargain intervention.
world's largest gold exchange-traded fund (ETF) SPDR Gold Trust gold at positions 22, 19, less than 4.25 tons, to 1285.08 tons.

ended at 17:00 on the 23rd, Kitco Gold Index latest show, spot gold fell 23 total $ 2.60 during the day, which caused the dollar price of gold fell to $ 5.70, due to increased demand caused the price of gold rose to $ 3.10.
Shanghai Gold Exchange, the 95 gold closed at 294.42 yuan, up 1.12 yuan, traded 3138 kg; 99 gold closed at 294.57 yuan, up 1.04 yuan, traded 3248.6 kg; gold varieties of deferred delivery closed at 293.90 yuan, rose 0.90 yuan, traded 15,992 kg.
Shanghai Futures Exchange, gold futures contract closed at 294.98 yuan 1106, up 0.67 yuan, volume 29 744 hands, hands open positions 60,128. Bank of Shanghai
(This article Source: Oriental Morning Post)
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