Contact
Gold rush in China, UK: Are you buying?

Gold rush in China, UK: Are you buying?

Gold has surged to new heights in China and the UK in the first two weeks of 2017, while a number of other emerging markets have seen a sharp increase in their holdings, according to data from the London Bullion Market Exchange.

The Shanghai Composite rose 6.5 per cent on Wednesday, the largest increase since January, while the Shenzhen Composite climbed 5.5 percent, the biggest gain since April.

Gold jumped 2.3 per cent in Japan, the world’s biggest bullion market, while Chinese equities rallied 3.6 per cent.

Gold and silver prices surged earlier this week after the Federal Reserve began to loosen monetary policy, and traders reacted with optimism, as they expected the central bank would raise interest rates.

The dollar has slumped, and the Japanese yen has also weakened.

“The U.S. dollar is weaker than it was in January, but this is not a surprise,” said Mark Hildebrand, senior economist at Aberdeen Asset Management.

“The US dollar is trading at its weakest level since mid-2015, when the Fed started easing.

It is now trading below its previous low and is trading close to where it was before the Fed began easing.”

Gold prices have also risen sharply in Australia and Singapore.

The Australian dollar fell by 0.7 per cent, and Singapore’s weakened by 0,4 per cent after the central banker said it would raise its key interest rate.

The Singaporean dollar also fell by 1.2 per cent against the Australian dollar, while Singaporean equities traded lower by 0 per cent or less.

In Britain, the benchmark FTSE 100 index fell 2.7 percent, after the British government announced a plan to cut taxes by $1.5 billion, including on investment gains and dividends, and to extend a freeze on interest rates to December 2019.

The index has been in a bear market for some time, with the S&P 500 down by 5.4 per to 6,6 per on Tuesday.

Meanwhile, the British pound, which has appreciated against the dollar since the Brexit vote, was trading lower by 1 per cent at $1,251.80.

Meanwhile in the United States, the Dow Jones industrial average lost 0.6 percent and the Nasdaq Composite lost 0,3 percent.

The market was mostly flat in Europe and Japan.

Sponsored By

우리카지노 - 【바카라사이트】카지노사이트인포,메리트카지노,샌즈카지노.바카라사이트인포는,2020년 최고의 우리카지노만추천합니다.카지노 바카라 007카지노,솔카지노,퍼스트카지노,코인카지노등 안전놀이터 먹튀없이 즐길수 있는카지노사이트인포에서 가입구폰 오링쿠폰 다양이벤트 진행.바카라 사이트【 우리카지노가입쿠폰 】- 슈터카지노.슈터카지노 에 오신 것을 환영합니다. 100% 안전 검증 온라인 카지노 사이트를 사용하는 것이좋습니다. 우리추천,메리트카지노(더킹카지노),파라오카지노,퍼스트카지노,코인카지노,샌즈카지노(예스카지노),바카라,포커,슬롯머신,블랙잭, 등 설명서.2021 베스트 바카라사이트 | 우리카지노계열 - 쿠쿠카지노.2021 년 국내 최고 온라인 카지노사이트.100% 검증된 카지노사이트들만 추천하여 드립니다.온라인카지노,메리트카지노(더킹카지노),파라오카지노,퍼스트카지노,코인카지노,바카라,포커,블랙잭,슬롯머신 등 설명서.우리카지노 | Top 온라인 카지노사이트 추천 - 더킹오브딜러.바카라사이트쿠폰 정보안내 메리트카지노(더킹카지노),샌즈카지노,솔레어카지노,파라오카지노,퍼스트카지노,코인카지노.카지노사이트 추천 | 바카라사이트 순위 【우리카지노】 - 보너스룸 카지노.년국내 최고 카지노사이트,공식인증업체,먹튀검증,우리카지노,카지노사이트,바카라사이트,메리트카지노,더킹카지노,샌즈카지노,코인카지노,퍼스트카지노 등 007카지노 - 보너스룸 카지노.