Yiwu Market Gold fell for two consecutive weeks

Last week, the US non-farm payrolls data is a prime economic data, investors are most concerned about the precious metals market, as reflected in the employment status of the US non-farm payrolls index, non-farm payrolls data is an important guide for investors to expect the Fed policy changes, 8 month data showed the unemployment rate fell to a new low in April 2008, Yiwu Futian Market whereby some investors expect gold outlook remains optimistic.

Analysis includes UBS investment bank believes that the recent changes in the gold market following the Fed's monetary policy is expected, and this trend is expected to continue. "The Fed's monetary policy meeting in mid-September is approaching, despite volatility in global financial markets had once lowered market expectations for the Federal Reserve to raise interest rates, Yiwu market but the recent series of economic data showing strong growth, raising interest rates once again confusing outlook, so the price of gold and the Fed's monetary policy stance more closely associated. "Shanghai, a private agency official said futures.

Before the Fed to raise interest rates settled, short-term gold market will still be faced with negative expectations of continued repression. "The current investor perception of the gold market is still in the 'Fed rate hike - dollar - gold fell' on a logical chain of" Chaos Tiancheng Futures analyst Sun Yonggang believe that unless a strong force change, or are expected to achieve, otherwise this ongoing several years of investment in gold will continue to dominate the market logic.