The New York Mercantile Exchange, gold closed up 3. Among them, the February gold rose $ 1.5 to close at 1,422.9 U.S. dollars / ounce.
Widely believed that, despite record high international price of gold continuously refreshed, and there is a certain callback in the short-term pressure, but the medium and long term, many factors continue to support gold prices continue to climb.
Saxo Bank (Saxo Bank) analyst Ole Hansen believes that, given the market gold price surge expected to continue warming and rising momentum continued to increase, the price of gold is expected in the short term highs.
Richcomm Global Services, said Pradeep Unni, senior analyst, fundamental factors continue to push gold price, euro zone sovereign debt crises, and the medium-term inflation expectations macroeconomic uncertainties facing and so will support the gold price rise.