Despite the strong exchange rate situation transformation is still die hard gold

 Gold futures higher Thursday,UGG boots clearance, rising U.S. dollar were not affected by debt problems surrounding the Greek lingering uncertainty, investors tend to hold this position in gold, not buy major currencies. New York Mercantile Exchange Comex March Gold futures settled up $ 3.40, to 1,127.40 dollars an ounce, or 0.3%; the contract was quiet. most active April gold futures contract rose $ 3.30, to 1,127.50 dollars an ounce, or 0.29%. < br> This week's U.S. economic data showed inflation remained modest. U.S. government data showed on Thursday, February consumer price index (CPI) was flat; U.S. Labor Department's producer price index released yesterday (PPI) fell 0.6% 7 months to record the largest decline. and different from the past is that gold is the traditional anti-inflationary tool, but now with the choice of investors hedge the increase of gold, gold and the dollar often fall together with the rose pattern.
World Gold Council (WGC) investment research manager Rozanna Wozniak Thursday (March 18) that, as the global economic recovery, stimulating demand for jewelry and investment demand, the total global gold demand in 2010 after declining in the last year ushered in growth. 2009 global gold demand fell 11% in total, of which accounted for 52% of jewelry demand fell 20%, while investment demand can be identified up 7%. Wozniak said that as signs of economic recovery emerged, jewelry and industrial demand will be supported . However,cheap UGG boots, the speed of recovery is still uncertainty, inflation and exchange rate risk should also support investment demand in the year to continue to grow.
slight concussion yesterday after gold closed a little sun again, the highest day maximum hit $ 1,129.10 / ounce , the minimum dropping $ 1,117.85 / ounce, closing at $ 1,126.30 / oz. While the dollar rose yesterday, with non-US currencies fell, as investors still worried about the problem of the Greek choice gold. gold and the dollar strength is very good both gold indicators, the second consecutive day Shouwen $ 1,118 gold is a strong buying signal. technically, yesterday issued a short-term 5,10 daily MACD buy signal,bailey UGG boots, KDJ MACD divergence continue upward after the strong support of short-term, relative strength index and other indicators have deviated from, there are signs of turning down,UGG boots cheap, suggesting that short-term is still resistance from short. MACD MACD bullish momentum up the intensity a bit weak still to be released today whether the disk verification. Today, relatively few data are expected Gold will be the consolidation-based, pay close attention to news of the change. short-term resistance of 1135, short-term support for 1117, one of the words are for reference only.