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Ikon “Hong Kong spot gold slightly rose up early in forex market on Wednesday”

Discussion in 'Forex Daily News & Outlook' started by forex-laura-Ikon, Dec 22, 2010.

  1. forex-laura-Ikon

    forex-laura-Ikon New Member

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    Hong Kong spot gold slightly rose up early in the forex market on Wednesday followed the surging trend of international gold prices, the highest point it had reached during the trading session was at 12880 Hong Kong dollars per gram and the lowest point it reached was at 12870 Hong Kong dollars per gram.
    Hong Kong gold 99 was closed at 12875 Hong Kong dollars per gram early in the forex market, compared with the previous trading session this close quotation rose up by 25 Hong Kong dollars per gram and the surging amount was at 0.19 percent.
    International spot gold continue to fluctuate and go up high early in Asia forex market and the highest point it had reached was at 1390.55 US dollars per ounce. Affected by the more and more severe the sovereign debt crisis in EU, hedge buying provided strong support for gold forex price in the market. But the surging trend of gold forex price might arouse more forex investors to take benefit, therefore it would be quite impossible for gold forex price to achieve substantial break in the left few forex trading days in the year 2010.
    Edited by Laura in Ikon Group
     
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