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| The third quarter, an official for the second consecutive quarter of net buying of gold |
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[ 2009-12-15 13:36:00 | By: klmn199 ] |
u the supply of gold in the third quartertiffany jewellery fell 5%. Main reason for the decline caused by the supply from the central bank, the third quarter of 2008 net sell 77 tons of gold, while the third quarter of 2009, net purchases of 15 tons. At the same time, manufacturers of hedge buy-back volume growth, also contributed to the supply of an important factor in the decline, but an increase in recycling activities in the supply increased.
u in the third quarter for tiffany jewelrythe second consecutive quarter of net official buying of gold, even though the absolute value of purchases is still small.
The prospects for the fourth quarter to continue to mixed. Gold prices have soared, in addition to other areas outside China probably will continue to sluggish sales of jewelry. While it is unclear when the price of gold has entered a new trading range, whether there will be support after the tiffany jewelryemergence of bargain-hunting is still possible but is expected to fall in the gold market.
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