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發表於 2009-4-24 22:04:19
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Gold rises on China reserves; copper tumbles in week
China has increased its gold reserves by 76% in six years to 1,054 tons, the official Xinhua News Agency reported, citing the head of the State Administration of Foreign Exchange. The country has now the fifth- largest gold stockpile by country, behind Italy's 2,451.8 tons, according to data xoxopiled by the World Gold Council.
"Gold has been given a further boost on the back of the China reserve news," , an analyst said. "But the metal now needs to clear trend-line resistance around $916 to confirm the return of more bullish sentiment and target the $940 area." |
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