作者henrypinge (Edward)
看板ForeignEX
标题Re: 04/24 金价900轻松过 涨势未歇
时间Sun Apr 26 01:01:07 2009
※ 引述《goldshine (gold always shine)》之铭言:
: 昨日(4/23)亚洲盘交易时间
: 金价就已经不断测试约在895的月线位置
: 美盘交易时间
: 美国劳工部公布初次申请失业金人数
: 在上周一度减少之後
: 本周仍然持续增加
: 加上成屋销售的数据不佳
: 刺激买盘
: 推升黄金重回暌违3个多礼拜不见的900
: 盘中最高点已过了910
: 今日亚洲盘持续往上推升 至高点来到914.5左右
: 两天以来涨幅20点
: 并且离920的季线 来的太快
: 应先平仓出场观望
: 短多态势不变
: 惟靠近季线压力
: 震荡加大
: 但仍会攻克920
: 应在930进入整理
China reveals big rise in gold reserves
By Jamil Anderlini in Beijing and Javier Blas in London
Published: April 24 2009 09:31 | Last updated: April 24 2009 19:06
China has quietly almost doubled its gold reserves to become the world’s
fifth-biggest holder of the precious metal, it emerged on Friday, in a move
that signals the revival of bullion after years of fading importance.
Gold rose to a three-week high of more than $910 an ounce after Hu Xiaolian,
head of the secretive State Administration of Foreign Exchange, which manages
the country’s $1,954bn in foreign exchange reserves, revealed China had
1,054 tonnes of gold, up from 600 tonnes in 2003.
The news could spark interest in gold among other central banks. “When the
largest holder of foreign exchange reserves discloses an increase in gold
holdings, other countries may decide to think more carefully about
underweight gold positions,” said John Reade, a precious metals strategist
at UBS.
The increase in China’s gold reserves has come primarily from domestic
production and refining. However, the news raises questions about the future
of Beijing’s foreign reserves policy.
Ahead of the G20 summit in London this month, China suggested global reliance
on the US dollar as a reserve currency should be reduced.
China has been diversifying away from the dollar since 2005, when it broke
the renminbi’s peg to the US currency and officially marked it to a basket
of currencies, but it still holds more than two-thirds in US
dollar-denominated assets by most estimates.
As its trade surplus and forex reserves ballooned in recent years, Beijing
continued to buy huge amounts of US Treasury bonds while raising the
proportion of purchases it allotted to other currencies and to gold.
China’s accumulation of gold has taken place as European central banks have
gradually cut back back gold sales following a 1999 agreement to prevent the
market from being flooded after prices were dragged sharply lower after the
UK decided to sell part of its reserves.
“China’s announcement signals a broader shift in central banks’ attitude
towards gold,” said Philip Klapwijk, chairman of GFMS, the precious metal
consultancy.
Suki Cooper, a gold analyst at Barclays Capital, said China’s move was “
reigniting gold’s relevance as a monetary asset”.
European central banks agreed to limit gold sales to 500 tons a year in 1999,
under the Central Bank Gold Agreement after a UK decision to sell part of its
gold reserves dragged prices sharply lower.
Since 1999, central banks in Europe have sold large amounts of gold,
investing the proceeds into bonds. But in the past two years they have
curtailed their sales significantly while central banks outside Europe became
net buyers of bullion.
China’s forex reserves grew from $623bn at the start of 2005 to $1,906bn at
the end of September last year but in the last six months the spectacular
growth has slowed to a virtual stop, with reserves rising by just $7.7bn (€
5.8bn, £5.2bn) in the first quarter.
That means smaller new purchases of everything from US Treasuries to gold.
Paul Atherley, Beijing-based managing director of Leyshon Resources, said
that even after the latest purchases China had a very small percentage of its
reserves in gold, far below the US or other developed countries.
“Those [gold] holdings are still too low in terms of the size of its economy
and the growing significance of its currency,” he said.
The announcement boosted gold prices to a three week high above $910 an ounce
as investors bet other countries could follow.
Russia has being an active buyer, following Beijing’s similar pattern of
purchases from local miners. China became last year the world’s largest
producer of gold, outranking South Africa.
Since the financial crisis started, investors have piled record amounts of
money into gold, boosting prices to above $1,000 an ounce. Gold hit a low of
$250 an ounce a decade ago, when central banks started selling the metal.
Copyright The Financial Times Limited 2009
--
※ 发信站: 批踢踢实业坊(ptt.cc)
◆ From: 140.113.92.12
1F:推 shdai:中国该不会是为重回金本位制预作准备吧.... 04/26 03:44
2F:推 utdiff:中国是再跟美国呛虾.. 金本位是有希望但你绝不会希望看到 04/26 09:54
3F:推 ryanchao:当你看到金本位再出现.... 04/26 23:35
4F:推 ryanchao:我想衰退会比你想像中的还难过.....= =a 04/26 23:36
5F:推 AirLee:金也算战略物资?? 04/27 01:29
6F:推 kwei:人口成长率 > 金产量 时,恢复金本位的结果就是 通缩 04/27 10:47
7F:→ Vicky1016:不过黄金的消耗性不高 反之人类的消耗性颇强 04/28 01:32