Huaton Platinum Silver View: Dollar Weakness, Precious Metals Close Slightly Higher | Paper Gold Network

by snakeszf1 on 2009-05-18 22:43:14

AG(T+D) Investment Analysis: At the Shanghai Gold Exchange, the gold trading product prices rose then fell today. The market trading volume has severely shrunk recently and the trading is not active. The market sentiment remains cautiously optimistic. However, as it is nearing the weekend and without any significant price increase in gold, some traders have closed their profitable long positions. The gold deferred delivery AU(T+D) was quoted at 203.12 yuan/gram today, up by 0.19 yuan/gram compared to the settlement price of the previous trading day, with low trading volume and a slight decrease in open interest. AU9999 was quoted at 203.18 yuan/gram, up...