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Gold and silver precious metals week review: movements appear differentiation silver is very bright eyes ( 4. 11 - 4. 15)

by:Deyuan      2020-12-23
The gold market this week, stock markets rose sharply a stronger dollar index and makes outside dish gold three consecutive trading day decline, the current gold trading at around $1230. Below target temporarily we see $1200 on the line, the top pressure is located in the previous high near $1280, will take the recent slide in the interval oscillation is given priority to, mainly operating recommendations on empty single.
a, precious metals market review

the market prices a week summary
the gold market this week, stock markets rose sharply a stronger dollar index and makes outside dish gold three consecutive trading day down, currently trading near a $1230, short-term is expected to further pullback to 1210 levels; While spot silver and gold showed obvious differentiation, to press weeks K line of more than 5%, this week the innovation to the highest level since the end of October 2015, influenced by taking profits demand, current moves smoothly, remain at 16. 1 a line of shock adjustment.
recorded by draft spot gold to 1229. 16 $48, Bai Yinlu. Twenty dollars, platinum last at 987. Close at 257 $41, 99 gold. 00 yuan/grams, gold closed at 256 95. 80 yuan/grams, platinum 95 closed at 220. 75 yuan per gram.

1 second, the relevant market analysis. Peripheral market
the status refers to rebound this week, 95 a line above the confined, and market news list next week, optimism is expected to continue into next week, if beauty means the continued strength of gold and silver price formation pressure again, beauty refers to the negative relationship with gold is still this week.
under the support of good U. S. economic data, U. S. stocks this week show bright eye, attract most of the money market, at the same time also makes gold passive decline, this week the stock market and gold support negative correlation.
a major oil producer, by trying to control the oil production to boost oil prices, is expected in the second half of this year global oil surplus reduces from the first half of 1. 5 million barrels a day, 200000 barrels a day. Oil market also got a boost, oil prices drive the market confidence, optimistic gold hedging demand weakened.
  2. Fund positions trend
as of April 14, 2016, the world's largest Gold fund SPDR Gold Shares Gold holdings to 806. 82 tons, fell 10 over the weekend. 99 tons. Gold ETF fund after increase sharply this year, the constant movement underweight and began to appear at the end of march, the current total holdings fell to its lowest level since one month, so bad fund holdings also shows will be consolidation in the gold market.
in the same period, Silver Silver fund Trust ( SLV) Silver holdings to 10396. 29 tons, fell 59 at the weekend. 19 tons. Silver ETF holdings has continued to grow in the near future, this week has reached the highest level since late 2014, but the fund on Wednesday appeared nearly 60 tons of underweight, this part or underweight, speculators while high short-term silver rally continued to see in the previous high 16. 1 key value for the performance. Inventory

3, market April 13, the federal reserve released Wednesday the beige book, said the end of February to march between domestic economic activity continued to expand, in most of the moderate economic growth, but growth is different among regions.
April 13 (Thursday On April 14) The United States announced the number of initial claims for unemployment benefits last week, data showed that the initial jobless claims last week 1. 40000 to 25. 3, the lowest since 1973.
the CPI rose in March rose only 0. Have declined 1%, inflation rate,
4, a Zhou Chongyao future events and data
announced April 21, the European central bank interest rate decision and press conference of the European central bank President Mario draghi
4 month in April 22, the United States Markit manufacturing PMI initial
5, and to the rich treasure
1. Gold,
the fed officials said six months ago will have a lot of employment and inflation data, should reserve to raise interest rates in June in the option, and is expected to slow U. S. economic growth this year of earlier than expected. Together with U. S. economic data released this week is also relatively optimistic, market risk preference of leading role, make gold prices remain under pressure, the goal we temporarily look 1200 dollars on the line, the top pressure is located in the previous high near $1280, will take the recent slide in the interval oscillation is given priority to, mainly operating recommendations on empty single.
  2. Silver silver
this week performance is good, is 16. $1 a line there is a certain pressure, if can hold silver also are expected to have a better performance, 16 above target. 5, $17 a line. But if beauty means continues to improve, silver prices will also be affected.
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