Information on gold sales.
UBS buyers stand ready to support the price of gold
Was the mark of $ 1,800 can not overcome the gold price last week. Instead he fell back on the highs of the last few days after the latest U.S. employment data surprised positively. According to experts, the Swiss UBS but stands ready to support the gold price.
While it was realized that the buying momentum weakened itself, but had shown the reactions to the U.S. labor market data and the recovery of the gold price from the fact that it lacked the sellers of conviction, while the buyers are ready to access at setbacks, analysts say .
The verhelfe the price of gold does not have the mark of $ 1,800 per ounce, but made clear that there was little conviction to move away from gold. And even if the data would not support. This shows the support that the price of gold currently enjoy, the UBS.
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