Patrick Legland, a strategist at Societe Generale in Paris, wrote in an email to customers on Monday (December 23) that the gold plunge is undoubtedly one of the most high-profile events in the market this year. Right now, gold has almost lost its value i
The continued decline in commodities has caused long-term losses for hedge funds that invest in the commodity sector. According to data from Newedge Group, the average loss of commodity hedge funds in 2012 was 3.7%, which was the worst situation since New
The reason for the weak rise in the price of gold was that after the European debt crisis, there was a shortage of liquidity; in addition, after the failure of Man Financial, a futures company, the margin increased. Everyone sold gold into cash and was wi
On Monday (July 30) in the early Asia-Pacific session, gold prices fluctuated at a high level. QE3 expects a moderate rise to make gold prices fluctuate higher recently. And this week, the market will usher in the European Central Banks interest rate deci
The main driving force of the current rise in gold prices is the expectation of the future, such as more global liquidity and deteriorating global economic conditions. Said Bellam, an analyst at LGT Capital Management. He believes that the gold market may