Home / gold / Gold value in Hong Kong closes in decline – Xinhua 26-04-2018

Gold value in Hong Kong closes in decline – Xinhua 26-04-2018

Gold value in Hong Kong closes in decline – Xinhua 26-04-2018. According to Source: Xinhua| 2018-04-26 17:14:42|Editor: YameiVideo Player CloseHONG KONG, April 26 (Xinhua) — The gold value in Hong Kong locked at 12,392 Hong Kong dollars (about 1,579.10 American dollars) per tael on Thursday, drop eight Hong Kong dollars from the Former trading day, according to the Chinese Gold & Silver interchange Society.
(1 American $ equals to 7.85 HK dollars)

Gold value to stay stubbornly solid out of 2018 as silver outperforms

A best performance Information Systems prediction for silver, however, with the metal tipped to pull back further lost ground against gold.
“We guess gold to maintain a sideways to higher stance,” Harish Galipelli, head of commodities and currencies at Inditrade Derivatives and Commodities in Mumbai, said.
Poll respondents trimmed their average silver prediction for 2018 to $17.28 an ounce, from $17.43 in a similar survey conducted in January, however the prediction remembers well above the metal’s year-to-date average of $16.72.
“Each time the gold/silver ratio has risen above 75, a mean reversion has been driven with silver prices hight rather than gold prices falling,” level Chartered analyst Suki Cooper said.
We guess silver prices to arrest up as the year unfolds given robust industrial demand, slowing mine supply and a weaker dollar.”

 

Gold value in Hong Kong
Gold value in Hong Kong

 

Gold value to stay stubbornly solid out of 2018 as silver outperforms: Reuters poll

Referring to Gold bars are seen at the Austrian Gold & Silver Separating Plant ‘Oegussa’ in Vienna, Austria, March 18, 2016.
REUTERS/Leonhard Foeger/File PhotoA best performance Information Systems prediction for silver, however, with the metal tipped to pull back further lost ground against gold.
The average gold value prediction returned with the poll of 34 analysts & traders conducted this 30 days stood at $1,334 an ounce, againest the metal’s current 2018 average of $1,332.
“Each time the gold/silver ratio has risen above 75, a mean reversion has been driven with silver prices hight rather than gold prices falling,” level Chartered analyst Suki Cooper said.
We guess silver prices to arrest up as the year unfolds given robust industrial demand, slowing mine supply & a weaker dollar.”

Gold value opens in decline in Hong Kong – Xinhua

Source: Xinhua| 2018-04-26 09:37:45|Editor: LiangyuVideo Player CloseHONG KONG, April 26 (Xinhua) — The gold value in Hong Kong went drop ten Hong Kong dollars to unlock at 12,390 dollars (about 1,579.01 unite states dollars) per tael on Thursday, according to the Chinese Gold & Silver interchange Society.
(1 American $ equals to 7.85 HK dollars)

 

Gold value in Hong Kong
Gold value in Hong Kong

 

 

 

Collected by :Irax John

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