The new New York (Reuters)-gold prices on Friday, the biggest record in dollar terms down more than $100 an ounce, as a businessman to sell to make up the loss, and the global stock markets edged, because market expectations of the European central bank of new measures to contain the eurozone debt crisis.
Delivers fluctuations and block Greece defaults and on the U.S. economy pessimistic the fed the prognosis of fear caused a global market a record on the most turbulent week in stocks and commodities sold, drive investors haven us dollars and national debt.
A commitment by the G20 decision makers, they will calm in the global financial system failed to placate investors, who is the authorities can't effective responses to install the eurozone debt crisis and the world's major economies weak growth.
Gold plunged more than 6%, at a point in-in 2008 since the financial crisis of the biggest drop since early August-play since slides into a free fall lowest, a few weeks with fluctuations and hedge fund settlement talk about damage its status. The haven
"The gold bull market, short-term, said pause:" Adam Klopfenstein, precious metals senior MF global market strategy in Chicago.
"In the short term, the quality of the possession of gold in flight also went out, because people are not interested in buying, even in the face of economic worries window, stability, I live until the market."
The spot price of gold in the $1649 an ounce, belong to 1628 dollars, and then, th low. In the $127 an ounce, plate moving, in terms of dollars the biggest record.
The U.S. stock market high after the seesawing gain and loss, bleeding between after a disastrous, stop the four sales day was damaged severe anxiety.
The European central bank's board member val DE NuoWoTeNi, he says, maybe for the central bank should increase more European Banks' liquidity opinion boost popularity.
The dow Jones industrial average index ended up 37.65 points, or 0.35%, to offer 10771.48. The s&p 500 stock index rose 6.87 points, or 0.61%, to 1136.43 in. The nasdaq composite index rose 27.56 points, or 1.12%, to 2483.23 in.
The MSCI all countries to measure the worldwide market index rose 0.2%, respectively in 274.20 plate in July 2010, the lowest level since.
Now the index is under the map of the market-from the peak of 20% or more of definition-from may fall 2011 years of high heavy defeat more than 22%.
Headquartered in New York, Traxis partners barton biggs, managing partner said: "financial market is sick and tired of in Europe and in the United States to do their thumb and didn't do something of substance to solve the global economic crisis authorities,".
FTSEurofirst index FTSEurofirst 300 index rose 0.8%. Emerging market stocks fell 1.6%.
ROUT of the goods
Help from the European central bank officials initially emotions and the central bank may cut rates to guess the liquidity of opinion, but to the Greek uncertainty still exists.
Greece denied the report said, the debt crisis in one of the options, will be a 50% of the orderly default, deductions and deutsche bank warned that "the Greek bonds of the European bank write-downs can be more than 25%.
All metal prices tumbled. Silver prices the most since 2006 declined. The spot silver fell 15%, below us $35.76 per ounce trading, a low of $29.77 conference.
Since August 2010 copper futures $7115.75 touch, and the lowest. It is on economic sensitive red metal in nearly three years in weekly decline.
Us crude oil futures prices fell 66 cents, or, to $79.85 a barrel. North London brent crude oil futures fell $1.52 to close at $103.97,.
Euro dollar rose 0.4%, to $1.3515, from 8 months to the low point of the backswing rebound. Dollar rose 0.5% to 76.66 yen and track on to a basket of currencies since May 2010 of the best a month.
A huge rally this week after the United States Treasury prices fell.
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