Gold Prices Rise Or Fall

Having hit the U.S. Central Bank's decision ( the Fed ) to maintain its stimulus program , gold prices fell sharply last week recorded . And what about the gold ini.Harga week last week slumped recorded for three consecutive days . However throughout August , gold prices recorded an increase of 6.3 % .
The survey results weekly Kitco News Gold Survey shows of the 19 respondents , 13 people , or about 68.4 % predicted gold prices would drop . Each of the remaining 3 ( 15.8 %) believe the gold price will go up and stable .
A total of 19 participants consisting of gold traders , representatives of investment banks , investors and analysts that the price movements of precious metals in the survey .
Previously , the survey participants said gold prices will rise in the last week . In fact at the close of trading on Friday , precious metals prices plummeted to U.S. $ 44 . According to respondents , the gold price will go down given the low inflation in the euro area in particular .
Gold prices could still move between U.S. $ 1,360 -US $ 1,430 per ounce . Gold price movements will still be influenced by the data the United States ( U.S. ) and tapering issues related to Syria's military action .
Downward pressure on the price of gold can be obtained from the results of an improving U.S. economic data to be released next week much like the ISM manufacturing and non- manufacturing PMI , trade balance data and employment data that ADP non-farm payroll , unemployment benefit claims data , the data is non- farm payrolls and unemployment rate data .
European Ekononi difficult to get up and deflation is the main focus . That way the EU will lower interest rates to encourage countries in the region . In the short term , these actions will accelerate the inflow of U.S. dollars , which certainly have a negative impact on gold .
Last week more than 50 % of participants predict the price of gold will rise . In fact the price of gold rose about U.S. $ 7 all week ago.Whilst it expects lower gold prices this week on fears of a military attack on Syria . The price of gold will go down this weekend to see the magnitude of possible attacks Suriah.Sementara predicted gold prices triggered a number of potential factors to the conflict Suriah.Tren of the weekly chart shows the possibility of gold prices for December delivery remained at U.S. $ 1422.3 per ounce .
But the decline in gold prices will not last predicted lama.Emas still be an investment that provides greater protection than the value of other assets . In contrast , participants who believe the price of gold rising market measure of prediction error on the Fed's decision . In addition to the focus on investors also turned on a schedule determining the Fed's stimulus withdrawal .
Gold price movement at the meeting and the Fed statement just spinning on the one hand , focus on determining tapering to the front . The decision to hear the Fed is not made ​​anymore khawati market . The gold market should be more focused on the Fed's decision to postpone its decision until next year . With the current condition of the U.S. , the Fed will not begin until March next year after being completely escaped from a national crisis .