Gold Prices Remain Flat, The Market Is Still More Empty Rebound, More Short For The Complement.

< p > the US non farm data released in May basically met expectations, and the unemployment rate was low. The price of gold basically remained unchanged after a slight concussion, which led to a slight rise in the price of gold last week. "The price of gold in the United States on Friday is basically the same.

Gold prices fluctuated near $1252 / ounce after Monday (June 9th).

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According to data released by the US labor department (DOL) on Friday, the number of non farm payrolls increased by 217 thousand in May, which is basically in line with the expected increase of 218 thousand people. < p >

In addition, the unemployment rate in the United States in May was 6.3%, 6.4% and 6.3%.

The labor department also revised the number of non farm workers in April to 282 thousand.

In May, the labor participation rate in the United States was 62.8%, and the former value was 62.8%.

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< p > weekly hardware price dropped to 1251 < a href= "//www.sjfzxm.com/news/index_cj.asp" > USD < /a > / ounce, and then rebounded to around $1255 / ounce.

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< p > according to the latest survey released by Kitco on Friday, more than half of the market participants expect that this week's gold price will fall back to the four month low of 1240 front-line.

Of the 33 market participants surveyed, 22 responded this week, 7 of them were bullish, 12 were bearish and 3 were neutral.

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Robin P, a href= "//www.sjfzxm.com/news/index_cj.asp" and "Soci /a t G G n n rale", chief analyst of metal analysis, said that after the ECB meeting last Thursday, the actions of the gold market and the action after Friday were mostly short rather than new ones.

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< p > Bhar believes that the small increase of < a href= "//www.sjfzxm.com/news/index_cj.asp > > gold price < /a" will be restricted because investors are waiting for the rise to sell, especially when the rebound is due to the short back repair.

The rebound caused by short repair is unsustainable, because once it is over, there is little support for gold prices.

The market needs new buying. "

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< p > on the other hand, on the anniversary of the landing on Normandy on Friday, Russian President Putin (Putin) met with Ukraine's newly elected president, Poroshenko, the first meeting between the leaders of the two countries since the merger of Crimea.

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< p > the two sides called for an end to the bloodshed between the Ukrainian government and pro Russian opposition parties. They agreed to have a detailed dialogue on the details of the cease-fire in the next few days, and discussed the political measures needed to reduce the crisis, including Russia's recognition of the new Ukrainian President and the easing of the tense economic relations between the two countries.

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< p > SPDR gold ETF holdings remained at the level of 787.08 tons last week.

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